BG Group plc Lowered to Neutral at Nomura (BG)
BG Group plc (LON:BG) was downgraded by equities researchers at Nomura to a “neutral” rating in a research report issued on Thursday. They currently have a GBX 1,350 ($22.70) price target on the stock. Nomura’s price target suggests a potential upside of 9.40% from the company’s current price.
BG Group plc (LON:BG) traded up 2.51% during mid-day trading on Thursday, hitting GBX 1265.00. The stock had a trading volume of 5,944,608 shares. 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 1229. and its 200-day moving average is GBX 1184.. The company’s market cap is £43.086 billion.
Several other analysts have also recently commented on the stock. Analysts at BNP Paribas downgraded shares of BG Group plc to a “neutral” rating in a research note on Tuesday. They now have a GBX 1,350 ($22.70) 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 Tuesday. They now have a GBX 1,650 ($27.74) price target on the stock. Finally, 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. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 1,274.92 ($21.43).
BG Group plc (LON:BG) is a natural gas company.
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