Will Credit Agricole’s Latest Ratings Coverage Help BG Group (OTCMKTS:BRGYY)’s Share Price?


How Credit Agricole Currently Rates BG Group (OTCMKTS:BRGYY)

Credit Agricole initiated coverage on BG Group (OTCMKTS:BRGYY) shares recently in analysts note issued to investors and clients on Tuesday morning. The equities firm has decided to place a “Outperform” rating on BRGYY stock.

From a total of 1 analysts covering BG Group (OTCMKTS:BRGYY) stock, 1 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. BG Group was the topic of 3 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets upgraded shares on November 25 to “Outperform” rating. Credit Suisse upgraded BRGYY stock in a recent report from August 3 to “Outperform” rating.

Approximately 40,227 shares of stock traded hands. BG Group plc (ADR) (OTCMKTS:BRGYY) has declined 24.43% since May 12, 2015 and is downtrending. It has underperformed by 20.76% the S&P500.

BG Group plc is a United Kingdom-based natural gas company. The company has a market cap of $48.84 billion. 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.

According to Zacks Investment Research, “BG Group PLC works across the spectrum of the gas chain. The Group operates four business segments: Exploration & Production, Liquefied Natural Gas, Transmission & Distribution, and Power.”