BG Group PLC (LON:BG) Rating Reaffirmed
Beaufort Securities reaffirmed their Buy rating on BG Group PLC (LON:BG) shards via an interesting research report disseminated on 4 December.
From a total of 21 analysts covering BG Group PLC (LON:BG) stock, 16 rate it a ”Buy”, 2 a “Sell”, and 6 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is GBX 24.13 while the lowest target price is GBX 16.59. The mean of all analyst targets is GBX 18.94 with a 65.03% above today’s (GBX 1034) stock price. BG Group PLC was the topic of 80 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 3 with “Outperform” rating. Liberum Capital maintained shares with “Buy” rating and GBX 1185 target share price in a report from a November 19. Barclays Capital maintained BG stock in a recent report from December 1 with “Overweight” rating. BMO Capital Markets downgraded the rating on November 6. BMO Capital Markets has a “Market Perform” rating and a GBX 1100 price target on shares. Finally, Santander downgraded the stock to “Hold” rating in a report issued on a November 24.
It is down 11.93% since May 7, 2015 and is downtrending. It has underperformed by 9.14% the S&P500.
BG Group plc is a United Kingdom-based natural gas company. The company has a market cap of 34.75 billion GBP. The Firm has a portfolio of business interests focused on gas and oil exploration and production and on liquefied natural gas . It currently has negative earnings. It has two business divisions: Upstream, which includes exploration and production and liquefaction, and LNG Shipping & Marketing, which combines the development and use of LNG import facilities with the purchase, shipping and sale of LNG and re-gasified natural gas.
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