BG Group’s Sell Rating Reaffirmed at Investec (BG)
BG Group (LON:BG)‘s stock had its “sell” rating reaffirmed by analysts at Investec in a research report issued to clients and investors on Wednesday, American Banking News reports.
BG has been the subject of a number of other recent research reports. Analysts at Credit Suisse downgraded shares of BG Group (LON:BG) to an “underperform” rating in a research note to investors on Wednesday. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of BG Group (LON:BG) in a research note to investors on Tuesday. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of BG Group (LON:BG) in a research note to investors on Tuesday.
Three equities research analysts have rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 1,373.16 ($21.47).
Shares of BG Group (LON:BG) traded up 0.12% on Wednesday, hitting GBX 1206.50. 5,505,073 shares of the company’s stock traded hands. The stock’s 50-day moving average is GBX 1205. and its 200-day moving average is GBX 1169.. The company’s market cap is £41.021 billion.
BG Group plc (LON:BG) is a natural gas company.
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