BG Group Downgraded to Underperform at Credit Suisse (BG)
BG Group (LON:BG) was downgraded by analysts at Credit Suisse to an “underperform” rating in a research report issued to clients and investors on Wednesday, AnalystRatings.Net reports.
BG Group (LON:BG) traded up 0.12% on Wednesday, hitting GBX 1206.50. The stock had a trading volume of 5,505,073 shares. The stock has a 50-day moving average of GBX 1205. and a 200-day moving average of GBX 1169.. The company’s market cap is £41.021 billion.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of BG Group (LON:BG) in a research note to investors on Tuesday. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of BG Group (LON:BG) in a research note to investors on Tuesday. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of BG Group (LON:BG) in a research note to investors on Tuesday.
Three investment analysts have rated the stock with a sell rating, five have issued a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of GBX 1,373.16 ($21.47).
BG Group plc (LON:BG) is a natural gas company.
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