21.08% to Target, RBC Capital Markets Keeps ‘”Outperform”’ Rating on BG Group (LON:BG) Shares Today


BG Group (LON:BG) Rating Reaffirmed

In a recent report sent to investors and clients this morning, RBC Capital Markets maintained their “Outperform” rating on BG Group (LON:BG) shares. The target PPS could mean a possible upside of 21.08% from firm’s close price.

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 61.21% above today’s (GBX 1058.5) stock price. BG Group PLC was the topic of 79 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 1 with “Outperform” rating. Liberum Capital maintained shares with “Buy” rating and GBX 1185 target share price in a report from a November 19. RBC Capital Markets upgraded BG stock in a recent report from November 25 to “Outperform” 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.

Approximately 1.56M shares of stock traded hands. BG Group plc (LON:BG) has declined 12.76% since May 6, 2015 and is downtrending. It has underperformed by 12.47% the S&P500.

21.08% to Target, RBC Capital Markets Keeps ‘

BG Group plc is a United Kingdom-based natural gas company. The company has a market cap of 36.51 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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