BG Group Price Target Lowered to GBX 1,100 at Credit Suisse (BG)
Credit Suisse dropped their price objective on shares of BG Group (LON:BG) from GBX 1,115 ($18.32) to GBX 1,100 ($18.08) in a research note issued on Thursday, Analyst Ratings News reports. The firm currently has a “neutral” rating on the stock. Credit Suisse’s price objective would indicate a potential upside of 1.24% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital cut their price target on shares of BG Group from GBX 1,400 ($23.01) to GBX 1,210 ($19.88) in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Separately, analysts at UBS AG reiterated a “buy” rating on shares of BG Group in a research note to investors on Wednesday. They now have a GBX 1,230 ($20.21) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of BG Group in a research note to investors on Wednesday. They now have a GBX 1,350 ($22.19) price target on the stock. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, fifteen have assigned 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 1,293.06 ($21.25).
BG Group (LON:BG) traded up 2.45% during mid-day trading on Thursday, hitting GBX 1086.50. The stock had a trading volume of 8,409,911 shares. BG Group has a 1-year low of GBX 1006.0001 and a 1-year high of GBX 1355.50. The stock has a 50-day moving average of GBX 1243. and a 200-day moving average of GBX 1225.. The company’s market cap is £36.963 billion.
BG Group plc (LON:BG) is a natural gas company.
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