Societe Generale Reiterates “Hold” Rating for BG Group plc (BG)
BG Group plc (LON:BG)‘s stock had its “hold” rating restated by investment analysts at Societe Generale in a note issued to investors on Wednesday. They currently have a GBX 1,200 ($20.37) price objective on the stock. Societe Generale’s price objective would suggest a potential downside of 4.76% from the stock’s previous close.
BG Group plc (LON:BG) opened at 1274.50 on Wednesday. BG Group plc has a 1-year low of GBX 1006.0001 and a 1-year high of GBX 1355.50. The stock’s 50-day moving average is GBX 1242. and its 200-day moving average is GBX 1185.. The company’s market cap is £43.409 billion.
A number of other firms have also recently commented on BG. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BG Group plc in a research note on Wednesday. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of BG Group plc in a research note on Wednesday. They now have a GBX 1,250 ($21.22) price target on the stock. Finally, analysts at RBC Capital reiterated a “sector performer” rating on shares of BG Group plc in a research note on Tuesday. They now have a GBX 1,350 ($22.92) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. BG Group plc has an average rating of “Hold” and an average price target of GBX 1,287.09 ($21.85).
BG Group plc (LON:BG) is a natural gas company.
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