BP (LON:BP) Stock: Insider Ian Tyler Purchases 18,043 Shares

BP p.l.c. (LON:BP) insider Ian Tyler bought 18,043 shares of the firm’s stock in a transaction on Tuesday, November 10th. The stock was purchased at an average cost of GBX 550 per share, for a total transaction of £99,236.50.

BP Trading Down 0.5%

Shares of BP stock traded down GBX 2.70 during trading hours on Tuesday, hitting GBX 556.70. 56,336,928 shares of the company’s stock traded hands, compared to its average volume of 8,560,774. The company has a quick ratio of 0.62, a current ratio of 1.29 and a debt-to-equity ratio of 111.97. BP p.l.c. has a 12 month low of GBX 379.70 and a 12 month high of GBX 562.30. The stock has a market cap of £108.35 billion, a PE ratio of 41.58, a price-to-earnings-growth ratio of 0.35 and a beta of 0.06. The stock’s 50 day simple moving average is GBX 576.29 and its 200 day simple moving average is GBX 536.03.

Analyst Ratings Changes

Several research firms have recently commented on BP. UBS Group restated a “buy” rating on shares of BP in a report on Monday, September 28th. Royal Bank Of Canada reiterated a “buy” rating on shares of BP in a report on Thursday, September 24th. Jefferies Financial Group restated a “hold” rating and set a GBX 520 price objective on shares of BP in a report on Wednesday, October 14th. Berenberg Bank lifted their price objective on shares of BP from GBX 715 to GBX 720 and gave the stock a “buy” rating in a research report on Monday, November 2nd. Finally, JPMorgan Chase & Co. upgraded shares of BP from a “neutral” rating to an “overweight” rating and raised their price target for the stock from GBX 550 to GBX 675 in a research note on Wednesday, September 23rd. Nine research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 653.75.

About BP

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business.