BG Group plc Rating Reiterated by Deutsche Bank (BG)
BG Group plc (LON:BG)‘s stock had its “buy” rating reaffirmed by investment analysts at Deutsche Bank in a note issued to investors on Monday, Analyst Ratings Network reports. They currently have a GBX 1,250 ($21.05) target price on the stock. Deutsche Bank’s price target would suggest a potential downside of 2.61% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of BG Group plc in a research note on Friday, May 9th. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of BG Group plc in a research note on Tuesday, May 6th. They now have a GBX 1,100 ($18.53) price target on the stock. Finally, analysts at Goldman Sachs raised their price target on shares of BG Group plc from GBX 1,500 ($25.27) to GBX 1,530 ($25.77) in a research note on Tuesday, May 6th. They now have a “strong-buy” rating on the stock. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. BG Group plc has an average rating of “Buy” and an average price target of GBX 1,276.05 ($21.49).
Shares of BG Group plc (LON:BG) traded up 1.95% during mid-day trading on Monday, hitting GBX 1283.50. 6,481,127 shares of the company’s stock traded hands. 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 1175.68 and its 200-day moving average is GBX 1189.. The company’s market cap is £43.716 billion.
BG Group plc (LON:BG) is a natural gas company.
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