BG Group Given New GBX 1,350 Price Target at Barclays (BG)
Barclays lowered their price target on shares of BG Group (LON:BG) from GBX 1,370 ($22.51) to GBX 1,350 ($22.19) in a research note issued on Wednesday, Stock Ratings News reports. The firm currently has an “equal weight” rating on the stock. Barclays’ price target suggests a potential upside of 27.30% from the stock’s previous close.
A number of other analysts have also recently weighed in on BG. Analysts at RBC Capital reiterated a “sector performer” rating on shares of BG Group in a research note to investors on Tuesday. They now have a GBX 1,400 ($23.01) price target on the stock. Separately, analysts at Prime Markets reiterated a “buy” rating on shares of BG Group in a research note to investors on Tuesday. They now have a GBX 1,100 ($18.08) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of BG Group in a research note to investors on Tuesday. They now have a GBX 1,250 ($20.54) price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 1,293.68 ($21.26).
BG Group (LON:BG) traded up 0.86% on Wednesday, hitting GBX 1060.50. The stock had a trading volume of 9,229,044 shares. BG Group has a 52 week low of GBX 1006.00 and a 52 week high of GBX 1355.50. The stock’s 50-day moving average is GBX 1243. and its 200-day moving average is GBX 1225.. The company’s market cap is £36.078 billion.
BG Group plc (LON:BG) is a natural gas company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.