BG Group Given New GBX 1,350 Price Target at Nomura (BG)
Equities research analysts at Nomura dropped their price objective on shares of BG Group (LON:BG) from GBX 1,450 ($23.89) to GBX 1,350 ($22.24) in a research note issued to investors on Tuesday, Analyst Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Nomura’s price target would indicate a potential upside of 28.14% from the company’s current price.
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 one year low of GBX 1027.374 and a one year 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.
A number of other firms have also recently commented on BG. Analysts at RBC Capital reiterated a “sector performer” rating on shares of BG Group in a research note to investors on Monday. They now have a GBX 1,400 ($23.07) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of BG Group in a research note to investors on Monday. They now have a GBX 1,475 ($24.30) price target on the stock. Finally, analysts at UBS AG reiterated a “buy” rating on shares of BG Group in a research note to investors on Friday. They now have a GBX 1,400 ($23.07) price target on the stock. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of GBX 1,340.61 ($22.09).
BG Group plc (LON:BG) is a natural gas company.
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