BG Group Given “Buy” Rating at Nomura (BG)
BG Group (LON:BG)‘s stock had its “buy” rating reiterated by equities researchers at Nomura in a research report issued on Wednesday, Analyst Ratings Network reports. They currently have a GBX 1,450 ($23.90) target price on the stock. Nomura’s price objective would suggest a potential upside of 8.65% from the company’s current price.
BG Group (LON:BG) traded up 1.83% during mid-day trading on Wednesday, hitting GBX 1334.50. The stock had a trading volume of 4,382,194 shares. BG Group has a 1-year low of GBX 1027.374 and a 1-year high of GBX 1336.00. The stock has a 50-day moving average of GBX 1267. and a 200-day moving average of GBX 1224.06. The company’s market cap is £45.400 billion.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of BG Group in a research note to investors on Monday. They now have a GBX 1,500 ($24.72) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of BG Group in a research note to investors on Friday, January 10th. They now have a GBX 1,450 ($23.90) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of BG Group in a research note to investors on Tuesday, January 7th. They now have a GBX 1,510 ($24.88) price target on the stock. Three investment analysts have rated the stock with a sell rating, five have given a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. BG Group presently has an average rating of “Buy” and a consensus price target of GBX 1,399.92 ($23.07).
BG Group plc (LON:BG) is a natural gas company.
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