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  • Lucas, Fred

    J.P. Morgan Equities Research Reports, 02/2015
    Report

    We update our BG Group financial projections for Q4 results and the latest disclosures and forward guidance. We continue to see manageable credit risk, differentiated volume growth in both upstream (2014-16E +34%) and LNG portfolio supplies (2014-16E +90%), and a 21% discount to NAV (£11.8) albei...