BP plc (LON:BP) has been assigned an average recommendation of “Hold” from the twenty-six ratings firms that are covering the company. One equities research analyst has rated the stock with a sell recommendation, fourteen have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 437.64 ($5.71).
A number of equities research analysts have recently commented on BP shares. Sanford C. Bernstein set a GBX 480 ($6.27) target price on BP plc and gave the stock a “buy” rating in a research note on Monday, June 27th. Barclays PLC set a GBX 565 ($7.38) target price on BP plc and gave the stock a “buy” rating in a research note on Monday, June 27th. Citigroup Inc. reiterated a “buy” rating on shares of BP plc in a research note on Wednesday, June 22nd. HSBC reiterated a “buy” rating and set a GBX 430 ($5.61) target price on shares of BP plc in a research note on Monday, June 20th. Finally, Societe Generale reiterated a “buy” rating and set a GBX 430 ($5.61) target price on shares of BP plc in a research note on Monday, June 13th.
In related news, insider Gilvary,Brian purchased 70 shares of BP plc stock in a transaction dated Monday, July 11th. The stock was purchased at an average cost of GBX 457 ($5.97) per share, with a total value of £319.90 ($417.57).
BP plc (LON:BP) traded up 1.87% during midday trading on Monday, hitting GBX 458.40. 25,346,585 shares of the stock were exchanged. The company’s market capitalization is GBX 86.07 billion. BP plc has a 1-year low of GBX 249.44 and a 1-year high of GBX 464.40. The company’s 50 day moving average is GBX 431.14 and its 200 day moving average is GBX 396.80.
BP plc Company Profile
BP p.l.c. is an integrated oil and gas company. The Company provides its customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging. The Company operates through three segments: Upstream, Downstream and Rosneft.
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