AlphaValue Reiterates “Sell” Rating for BG Group (BG)
BG Group (LON:BG)‘s stock had its “sell” rating reaffirmed by equities research analysts at AlphaValue in a research note issued to investors on Thursday, American Banking & Market News reports. They currently have a GBX 743 ($11.86) price target on the stock. AlphaValue’s price target would indicate a potential downside of 39.37% from the stock’s previous close.
A number of other analysts have also recently weighed in on BG. Analysts at Nomura reiterated a “buy” rating on shares of BG Group in a research note to investors on Wednesday. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of BG Group in a research note to investors on Tuesday, October 8th. They now have a GBX 1,320 ($21.07) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of BG Group in a research note to investors on Monday, October 7th. They now have a GBX 1,450 ($23.15) price target on the stock. Three investment analysts have rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 1,346.82 ($21.50).
BG Group (LON:BG) opened at 1209.50 on Thursday. 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 £41.123 billion.
BG Group plc (LON:BG) is a natural gas company.
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