BG Group plc’s Outperform Rating Reaffirmed at Sanford C. Bernstein (BG)
BG Group plc (LON:BG)‘s stock had its “outperform” rating restated by equities researchers at Sanford C. Bernstein in a research report issued on Tuesday. They currently have a GBX 1,650 ($27.74) price objective on the stock. Sanford C. Bernstein’s price objective indicates a potential upside of 31.89% from the company’s current price.
A number of other firms have also recently commented on BG. Analysts at Deutsche Bank reiterated a “buy” rating on shares of BG Group plc in a research note on Thursday, June 5th. They now have a GBX 1,250 ($21.02) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of BG Group plc in a research note on Friday, May 30th. They now have a GBX 1,400 ($23.54) price target on the stock. Finally, analysts at Kepler Capital Markets downgraded shares of BG Group plc to a “reduce” rating in a research note on Tuesday, May 27th. They now have a GBX 1,200 ($20.17) price target on the stock. Three analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 1,274.92 ($21.43).
BG Group plc (LON:BG) traded down 1.00% on Tuesday, hitting GBX 1238.50. 2,067,734 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 has a 50-day moving average of GBX 1226. and a 200-day moving average of GBX 1185.. The company’s market cap is £42.183 billion.
BG Group plc (LON:BG) is a natural gas company.
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