Citigroup Inc. Reiterates Buy Rating for BG Group (BG)
BG Group (LON:BG)‘s stock had its “buy” rating restated by equities research analysts at Citigroup Inc. in a research note issued to investors on Wednesday, Analyst Ratings.Net reports. They currently have a GBX 1,400 ($22.97) price target on the stock. Citigroup Inc.’s target price points to a potential upside of 31.19% from the stock’s previous close.
BG has been the subject of a number of other recent research reports. Analysts at HSBC reiterated an “overweight” rating on shares of BG Group in a research note on Wednesday. They now have a GBX 1,325 ($21.74) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of BG Group in a research note on Monday. They now have a GBX 1,280 ($21.00) price target on the stock. Finally, analysts at Investec reiterated a “sell” rating on shares of BG Group in a research note on Friday, February 7th. They now have a GBX 1,000 ($16.41) price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of GBX 1,286.46 ($21.11).
BG Group (LON:BG) traded up 1.64% during mid-day trading on Wednesday, hitting GBX 1084.50. 2,899,236 shares of the company’s stock traded hands. BG Group has a one year low of GBX 1006.0001 and a one year high of GBX 1355.50. The stock’s 50-day moving average is GBX 1223. and its 200-day moving average is GBX 1221.. The company’s market cap is £36.938 billion.
BG Group plc (LON:BG) is a natural gas company.
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