Societe Generale Cuts BG Group to Hold (BG)
BG Group (LON: BG) was downgraded by research analysts at Societe Generale to a “hold” rating in a report released on Thursday. They currently have a $20.97 (1300 GBX) target price on the stock.
BG Group opened at 1081.00 on Thursday. BG Group has a 52-week low of GBX 1177.00 and a 52-week high of GBX 1554.00. The company’s market cap is £36.700 billion.
A number of other firms have also recently commented on BG. Analysts at Jefferies Group reiterated a “buy” rating on shares of BG Group in a research note to investors on Wednesday. They now have a $28.95 price target on the stock. Separately, analysts at Barclays Capital reiterated an “overweight” rating on shares of BG Group in a research note to investors on Wednesday, October 24th. They now have a $28.71 price target on the stock. Finally, analysts at Grupo Santander reiterated a “buy” rating on shares of BG Group in a research note to investors on Thursday, October 4th. They now have a $25.97 price target on the stock.
BG Group plc (BG Group) is a natural gas company. The Company is engaged in the exploration, development and production of natural gas and oil.
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.
