BNP Paribas reissued their outperform rating on shares of BP plc (LON:BP) in a research note released on Tuesday morning. BNP Paribas currently has a GBX 530 ($6.56) price target on the oil and gas exploration company’s stock, up from their previous price target of GBX 350 ($4.33).
BP has been the topic of several other research reports. Barclays PLC reiterated an overweight rating and issued a GBX 600 ($7.43) price objective on shares of BP plc in a research note on Tuesday, September 20th. Goldman Sachs Group Inc. set a GBX 418 ($5.17) price objective on BP plc and gave the company a neutral rating in a research note on Wednesday, October 5th. Jefferies Group reiterated a hold rating and issued a GBX 400 ($4.95) price objective on shares of BP plc in a research note on Wednesday, September 7th. Canaccord Genuity reiterated a buy rating and issued a GBX 520 ($6.44) price objective on shares of BP plc in a research note on Tuesday, September 6th. Finally, HSBC reiterated a buy rating and issued a GBX 495 ($6.13) price objective on shares of BP plc in a research note on Wednesday, September 7th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and twelve have given a buy rating to the company. BP plc has a consensus rating of Hold and a consensus target price of GBX 451.64 ($5.59).
BP plc (LON:BP) opened at 485.00 on Tuesday. BP plc has a 52 week low of GBX 249.44 and a 52 week high of GBX 498.45. The stock has a 50 day moving average price of GBX 442.27 and a 200 day moving average price of GBX 404.64. The company’s market cap is GBX 91.07 billion.
In other BP plc news, insider Brian Gilvary bought 65 shares of the firm’s stock in a transaction on Monday, October 10th. The stock was acquired at an average price of GBX 486 ($6.01) per share, with a total value of £315.90 ($390.97).
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.
Receive News & Ratings for BP plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BP plc and related companies with MarketBeat.com's FREE daily email newsletter.