BG Group Given “Outperform” Rating at BNP Paribas (BG)
BG Group (LON:BG)‘s stock had its “outperform” rating restated by equities research analysts at BNP Paribas in a research note issued to investors on Monday, American Banking News.com reports. They currently have a GBX 1,450 ($23.26) target price on the stock. BNP Paribas’ price target indicates a potential upside of 23.93% from the stock’s previous close.
A number of other firms have also recently commented on BG. Analysts at Credit Suisse reiterated an “underperform” rating on shares of BG Group in a research note to investors on Friday. They now have a GBX 1,170 ($18.77) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of BG Group in a research note to investors on Thursday. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of BG Group in a research note to investors on Thursday. They now have a GBX 1,770 ($28.40) price target on the stock. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 1,354.74 ($21.73).
BG Group (LON:BG) opened at 1159.50 on Monday. BG Group has a 1-year low of GBX 991.00 and a 1-year high of GBX 1357.00. The stock has a 50-day moving average of GBX 1207. and a 200-day moving average of GBX 1171.. The company’s market cap is £39.423 billion.
BG Group plc (LON:BG) is a natural gas company.
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