BG Group plc Stock Rating Reaffirmed by Goldman Sachs (BG)
BG Group plc (LON:BG)‘s stock had its “conviction-buy” rating restated by investment analysts at Goldman Sachs in a note issued to investors on Friday, Analyst RN reports. They currently have a GBX 1,580 ($26.48) price target on the stock. Goldman Sachs’ target price points to a potential upside of 43.38% from the company’s current price.
BG Group plc (LON:BG) opened at 1102.00 on Friday. BG Group plc has a 52 week low of GBX 1006.0001 and a 52 week high of GBX 1355.50. The stock’s 50-day moving average is GBX 1179. and its 200-day moving average is GBX 1215.56. The company’s market cap is £37.534 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated a “sector perform” rating on shares of BG Group plc in a research note on Thursday. They now have a GBX 1,210 ($20.28) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of BG Group plc in a research note on Wednesday. They now have a GBX 1,650 ($27.65) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of BG Group plc in a research note on Wednesday, February 12th. They now have a GBX 1,400 ($23.46) price target on the stock. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 1,286.46 ($21.56).
BG Group plc (LON:BG) is a natural gas company.
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