BG Group plc Downgraded by Grupo Santander to “Hold” (BG)
BG Group plc (LON:BG) was downgraded by equities research analysts at Grupo Santander to a “hold” rating in a research note issued to investors on Wednesday. They currently have a GBX 1,400 ($23.55) price objective on the stock. Grupo Santander’s price target suggests a potential upside of 10.20% from the company’s current price.
BG Group plc (LON:BG) opened at 1259.00 on Wednesday. BG Group plc has a 52-week low of GBX 1006.0001 and a 52-week high of GBX 1355.50. The stock has a 50-day moving average of GBX 1185. and a 200-day moving average of GBX 1188.. The company’s market cap is £42.882 billion.
A number of other firms have also recently commented on BG. Analysts at Cowen and Company reiterated an “outperform” rating on shares of BG Group plc in a research note on Tuesday. They now have a GBX 1,425 ($23.97) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of BG Group plc in a research note on Monday, May 12th. They now have a GBX 1,250 ($21.03) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of BG Group plc in a research note on Friday, May 9th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. BG Group plc currently has an average rating of “Buy” and a consensus target price of GBX 1,278.17 ($21.50).
BG Group plc (LON:BG) is a natural gas company.
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