Beaufort Securities Reiterates Buy Rating for BG Group (BG)
BG Group (LON:BG)‘s stock had its “buy” rating reaffirmed by investment analysts at Beaufort Securities in a note issued to investors on Tuesday, Analyst RN reports.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank cut their price target on shares of BG Group from GBX 1,400 ($23.07) to GBX 1,250 ($20.60) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Credit Suisse upgraded shares of BG Group to a “neutral” rating in a research note to investors on Tuesday. They now have a GBX 1,115 ($18.37) price target on the stock, down previously from GBX 1,200 ($19.77). Finally, analysts at Nomura cut their price target on shares of BG Group from GBX 1,450 ($23.89) to GBX 1,350 ($22.24) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, fifteen have issued 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 target price of GBX 1,340.61 ($22.09).
Shares of BG Group (LON:BG) traded down 2.63% on Tuesday, hitting GBX 1053.50. 13,497,889 shares of the company’s stock traded hands. BG Group has a 52-week low of GBX 1027.374 and a 52-week high of GBX 1355.50. The stock has a 50-day moving average of GBX 1274. and a 200-day moving average of GBX 1231.. The company’s market cap is £35.840 billion.
BG Group plc (LON:BG) is a natural gas company.
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