BG Group Given Outperform Rating at Sanford C. Bernstein (BG)
BG Group (LON:BG)‘s stock had its “outperform” rating reiterated by investment analysts at Sanford C. Bernstein in a note issued to investors on Thursday, StockRatingsNetwork reports. They currently have a GBX 1,800 ($28.14) price target on the stock. Sanford C. Bernstein’s price objective points to a potential upside of 49.19% from the stock’s previous close.
BG Group (LON:BG) traded down 0.04% during mid-day trading on Thursday, hitting GBX 1206.00. The stock had a trading volume of 2,867,659 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 £41.004 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “sell” rating on shares of BG Group (LON:BG) in a research note to investors on Wednesday. Separately, analysts at Credit Suisse downgraded shares of BG Group (LON:BG) to an “underperform” rating in a research note to investors on Wednesday. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of BG Group (LON:BG) in a research note to investors on Tuesday.
Three analysts have rated the stock with a sell rating, five have issued a hold rating, sixteen have issued 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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