The City News: BG Group plc (BG), Reed Elsevier plc (REL), Carnival plc (CCL) & J Sainsbury plc (SBRY)

Editor’s Note: Related tickers: Credit Suisse Group AG (NYSE:CS), Morgan Stanley (NYSE:MS), JPMorgan Chase & Co. (NYSE:JPM), Citigroup Inc. (NYSE:C), BG Group plc (LON:BG), Reed Elsevier plc (LON:REL), Carnival plc (LON:CCL), J Sainsbury plc (LON:SBRY), BG Group plc (ADR) (OTCMKTS:BRGYY), BNP Paribas SA (EPA:BNP)

BG Group plc

BG Group plc (LON:BG) continues its run of success in Tanzania, and makes plans for a new LNG terminal. (Fool)
It’s been a pretty torrid 12 months for BG Group plc (LON:BG) (BG Group plc (ADR) (OTCMKTS:BRGYY)), with falling production forecasts knocking some 25% of its share price. But at least things appear to going swimmingly for the company in offshore Tanzania. This morning, BG Group plc (LON:BG) announced a successful well test at Mzia-2, which flowed at 57 million standard cubic feet of natural gas per day, constrained by testing equipment. This follows another successful test, which produced 70 million cubic feet per day, at the nearby Jodari-1 well in March of this year. BG has a 60% interest in…

BG Group Stock Rating Reaffirmed by JPMorgan Chase & Co. (NYSE:JPM) (BG) (MideastTime)
JPMorgan Chase & Co. (NYSE:JPM) Chase reaffirmed their overweight rating on shares of BG Group plc (LON:BG) in a research note released on Friday morning, Analyst Ratings Network.com reports. They currently have a GBX 1,600 ($24.78) price target on the stock. BG Group plc (LON:BG) traded up 0.14% on Friday, hitting GBX 1084.50. BG Group has a 52-week low of GBX 991.00 and a 52-week high of GBX 1468.50. The stock’s 50-day moving average is currently GBX 1278.. The company’s market cap is £36.861 billion.

Reed Elsevier Lowered to “Neutral” at Citigroup Inc. (NYSE:C) (REL) (MideastTime)
Citigroup Inc. (NYSE:C) lowered shares of Reed Elsevier plc (LON:REL) from a buy rating to a neutral rating in a report released on Monday, AnalystRatingsNetwork reports. Citigroup Inc. (NYSE:C) currently has GBX 780 ($12.08) target price on the stock, up from their previous target price of GBX 750 ($11.62). Shares of Reed Elsevier plc (LON:REL) traded down 0.82% during mid-day trading on Monday, hitting GBX 729.00. Reed Elsevier has a one year low of GBX 466.10 and a one year high of GBX 800.50. The stock’s 50-day moving average is currently GBX 599.8. The company’s market cap is £8.650 billion.

Reed Elsevier Rating Reiterated by Investec (REL) (UtahPeoplesPost)
Reed Elsevier plc (LON:REL)‘s stock had its “buy” rating reiterated by equities research analysts at Investec in a research note issued to investors on Wednesday, StocKRatingsNetwork.com reports. They currently have a GBX 800 ($12.19) price target on the stock. Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of Reed Elsevier plc (LON:REL) in a research note to investors on Wednesday. They now have a GBX 700 ($10.66) price target on the stock. Finally, analysts at BNP Paribas SA (EPA:BNP) reiterated an “outperform” rating on shares of Reed Elsevier plc (LON:REL) in a research note to investors on Tuesday, April 9th. They now have a GBX 899.86 ($13.71) price target on the stock.

Carnival Receives “Add” Rating from Numis Securities Ltd (CCL) (DailyPolitical)
Carnival plc (LON:CCL)‘s stock had its “add” rating restated by equities researchers at Numis Securities Ltd in a report issued on Friday, AnalystRatingsNetwork reports. They currently have a GBX 2,750 ($41.89) target price on the stock. Shares of Carnival (LON: CCL) opened at 2340.00 on Friday. Carnival plc (LON:CCL) has a 52 week low of GBX 1918.00 and a 52 week high of GBX 2638.00. The stock’s 50-day moving average is currently GBX 2293.. The company’s market cap is £18.135 billion. Several other analysts have also recently commented on the stock. Analysts at Morgan Stanley (NYSE:MS) reiterated an “equal weight” rating on shares of Carnival plc (LON:CCL) in a research note to investors on Friday, April 19th.

Carnival Given Equal weight Rating at Morgan Stanley (CCL) (DailyPolitical)
Morgan Stanley (NYSE:MS) reiterated their equal weight rating on shares of Carnival plc (LON:CCL) in a research report sent to investors on Friday morning, Stock Ratings Network reports. The firm currently has a GBX 2,400 ($36.56) price target on the stock. Shares of Carnival plc (LON:CCL) traded up 1.64% during mid-day trading on Friday, hitting GBX 2298.00. Carnival has a 52 week low of GBX 1918.00 and a 52 week high of GBX 2638.00. The stock’s 50-day moving average is currently GBX 2293.. The company’s market cap is £17.809 billion.

Should I Buy BT Group plc or J Sainsbury plc? (Fool)
The FTSE 100 is the UK’s blue chip stock index, but surprisingly few of these companies earn the majority of their profits in the UK. Two companies that do are BT Group (LSE: BT-A) (NYSE: BT.US) and J Sainsbury plc (LON:SBRY) (NASDAQOTH: JSAIY.US). Both shares offer the potential for rising earnings and dividends over the medium term, but which of these two household names would be the better buy for my portfolio? …Based on these figures, Sainsbury looks like a far more reliable and consistent performer, with a five-year history of solid earnings and dividend growth. Sainsbury’s 4.3% trailing dividend yield is also superior to BT’s 3.1% yield, which is no better than the FTSE 100 average — but far more risky, since it comes from a single share.

J Sainsbury Rating Reiterated by Jefferies Group (SBRY) (MideastTime)
J Sainsbury plc (LON:SBRY)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Group in a note issued to investors on Wednesday, Stock Ratings Network.com reports. Shares of J Sainsbury plc (LON:SBRY) traded up 0.24% during mid-day trading on Wednesday, hitting GBX 382.00. J Sainsbury has a 52 week low of GBX 278.60 and a 52 week high of GBX 389.60. The stock’s 50-day moving average is currently GBX 344.5. The company’s market cap is £7.183 billion.

J Sainsbury’s Underperform Rating Reaffirmed at BNP Paribas (SBRY) (MideastTime)
J Sainsbury plc (LON:SBRY)‘s stock had its “underperform” rating reaffirmed by BNP Paribas SA (EPA:BNP) in a research note issued on Tuesday, Analyst Ratings Network reports. They currently have a GBX 325 ($5.03) price target on the stock. A number of other analysts have also recently weighed in on SBRY. Analysts at Citigroup Inc. (NYSE:C) downgraded shares of J Sainsbury from a “buy” rating to a “neutral” rating in a research note to investors on Monday. They now have a GBX 385 ($5.96) price target on the stock. Separately, analysts at Shore Capital Stockbrokers reiterated a “hold” rating on shares of J Sainsbury plc (LON:SBRY) in a research note to investors on Thursday, April 25th. Finally, analysts at Credit Suisse Group AG (NYSE:CS) reiterated an “underperform” rating on shares of J Sainsbury in a research note to investors on Thursday, April 25th. They now have a GBX 285 ($4.41) price target on the stock.