BG "buy"

04/05/05 - Dryden Financial

LONDON, April 5 (newratings.com) - Analysts at Dryden Financial maintain their "buy" rating on BG Group Plc (BG-GBX).

In a research note published this morning, the analysts mention that the primary aim of Chevron Texaco's bid to acquire Unocal in the US is likely to be the acquisition of the latter's Asian gas assets. The analysts believe, however that BG's performance would not be adversely impacted by the development, since the company's principal operations are in the North American and European gas markets.