BG Group plc Given New GBX 1,530 Price Target at Goldman Sachs (BG)
Investment analysts at Goldman Sachs increased their target price on shares of BG Group plc (LON:BG) from GBX 1,500 ($25.30) to GBX 1,530 ($25.81) in a note issued to investors on Tuesday, AnalystRatingsNetwork.com reports. The firm currently has a “strong-buy” rating on the stock. Goldman Sachs’ price objective points to a potential upside of 20.95% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Beaufort Securities reiterated a “buy” rating on shares of BG Group plc in a research note on Friday, May 2nd. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of BG Group plc in a research note on Thursday, May 1st. They now have a GBX 1,210 ($20.41) price target on the stock. Finally, analysts at Barclays cut their price target on shares of BG Group plc from GBX 1,350 ($22.77) to GBX 1,250 ($21.09) in a research note on Tuesday, April 29th. They now have an “equal weight” rating on the stock. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. BG Group plc presently has a consensus rating of “Buy” and a consensus target price of GBX 1,274.04 ($21.49).
BG Group plc (LON:BG) traded down 0.78% on Tuesday, hitting GBX 1265.00. 5,181,317 shares of the company’s stock traded hands. BG Group plc has a 52-week low of GBX 1006.00 and a 52-week high of GBX 1355.50. The stock has a 50-day moving average of GBX 1151. and a 200-day moving average of GBX 1188.18. The company’s market cap is £43.086 billion.
BG Group plc (LON:BG) is a natural gas company.
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