BG Group Receives Buy Rating from Citigroup Inc. (BG)
BG Group (LON:BG)‘s stock had its “buy” rating restated by equities research analysts at Citigroup Inc. in a research note issued to investors on Tuesday, StockRatingsNetwork.com reports.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of BG Group (LON:BG) in a research note to investors on Thursday, September 12th. They now have a GBX 1,800 ($28.83) price target on the stock. Separately, analysts at Investec reiterated a “sell” rating on shares of BG Group (LON:BG) in a research note to investors on Wednesday, September 11th. Finally, analysts at Credit Suisse downgraded shares of BG Group (LON:BG) to an “underperform” rating in a research note to investors on Wednesday, September 11th.
Three equities research analysts have rated the stock with a sell rating, five have given a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 1,373.16 ($22.00).
BG Group (LON:BG) traded up 1.68% on Tuesday, hitting GBX 1208.00. 4,187,472 shares of the company’s stock traded hands. BG Group has a 52-week low of GBX 991.00 and a 52-week high of GBX 1357.00. The stock’s 50-day moving average is GBX 1207. and its 200-day moving average is GBX 1171.. The company’s market cap is £41.072 billion.
BG Group plc (LON:BG) is a natural gas company.
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