BG Group plc Given New GBX 1,347 Price Target at Liberum Capital (BG)
Equities researchers at Liberum Capital hoisted their price objective on shares of BG Group plc (LON:BG) from GBX 1,280 ($21.96) to GBX 1,347 ($23.10) in a research report issued on Wednesday. The firm currently has a “hold” rating on the stock. Liberum Capital’s price objective points to a potential upside of 11.45% from the stock’s previous close.
BG Group plc (LON:BG) traded down 1.22% on Wednesday, hitting GBX 1208.62. 5,904,836 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 1248. and its 200-day moving average is GBX 1188.. The company’s market cap is £41.166 billion.
A number of other firms have also recently commented on BG. Analysts at Credit Suisse reiterated an “underperform” rating on shares of BG Group plc in a research note on Wednesday. They now have a GBX 1,100 ($18.87) 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 Wednesday. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of BG Group plc in a research note on Friday, July 4th. They now have a GBX 1,400 ($24.01) price target on the stock. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. BG Group plc presently has a consensus rating of “Hold” and an average target price of GBX 1,304.35 ($22.37).
BG Group plc (LON:BG) is a natural gas company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.