BG Group Rating Reiterated by Canaccord Genuity (BG)
BG Group (LON:BG)‘s stock had its “hold” rating reiterated by research analysts at Canaccord Genuity in a report released on Tuesday, Analyst Ratings.Net reports. They currently have a GBX 1,250 ($20.54) price target on the stock. Canaccord Genuity’s target price would suggest a potential upside of 18.88% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of BG Group in a research note to investors on Wednesday, January 29th. They now have a GBX 1,650 ($27.12) price target on the stock. Separately, analysts at Liberum Capital downgraded shares of BG Group to a “hold” rating in a research note to investors on Wednesday, January 29th. They now have a GBX 1,280 ($21.04) price target on the stock, down previously from GBX 1,475 ($24.24). Finally, analysts at Investec reiterated a “sell” rating on shares of BG Group in a research note to investors on Tuesday, January 28th. They now have a GBX 1,000 ($16.43) price target on the stock, down previously from GBX 1,100 ($18.08). Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. BG Group currently has an average rating of “Buy” and an average price target of GBX 1,313.68 ($21.59).
BG Group (LON:BG) traded up 2.59% on Tuesday, hitting GBX 1051.50. 15,248,545 shares of the company’s stock traded hands. BG Group has a 52 week low of GBX 1006.0001 and a 52 week high of GBX 1355.50. The stock has a 50-day moving average of GBX 1253.06 and a 200-day moving average of GBX 1227.. The company’s market cap is £35.772 billion.
BG Group plc (LON:BG) is a natural gas company.
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