Deutsche Bank Reiterates Buy Rating for BG Group plc (BG)
Shares of BG Group plc (LON:BG) traded down 0.87% during mid-day trading on Tuesday, hitting GBX 1201.50. 3,888,437 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 1232. and a 200-day moving average of GBX 1177.81. The company’s market cap is £40.923 billion.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of BG Group plc from GBX 1,450 ($24.62) to GBX 1,520 ($25.81) in a research note on Wednesday, July 23rd. They now have a “reduce” rating on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of BG Group plc in a research note on Wednesday, July 23rd. They now have a GBX 1,650 ($28.02) price target on the stock. Finally, analysts at Kepler Capital Markets reiterated a “reduce” rating on shares of BG Group plc in a research note on Tuesday, July 22nd. They now have a GBX 1,200 ($20.38) price target on the stock. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 1,309.57 ($22.24).
BG Group plc (LON:BG) is a natural gas company.
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