BP p.l.c. (LON:BP - Get Free Report) has earned an average recommendation of "Moderate Buy" from the seven analysts that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 578.33 ($7.47).
BP has been the topic of several analyst reports. Berenberg Bank reduced their target price on shares of BP from GBX 470 ($6.07) to GBX 440 ($5.68) and set a "hold" rating on the stock in a report on Friday, November 29th. Royal Bank of Canada reissued a "sector perform" rating and set a GBX 480 ($6.20) price objective on shares of BP in a report on Thursday, February 20th. Jefferies Financial Group reissued a "buy" rating and set a GBX 540 ($6.97) price objective on shares of BP in a report on Monday, December 16th. Finally, JPMorgan Chase & Co. raised shares of BP to a "neutral" rating and raised their price objective for the stock from GBX 440 ($5.68) to GBX 510 ($6.59) in a report on Thursday, February 20th.
Check Out Our Latest Stock Analysis on BP
In other news, insider Murray Auchincloss acquired 88 shares of the stock in a transaction that occurred on Friday, January 10th. The shares were purchased at an average cost of GBX 423 ($5.46) per share, for a total transaction of £372.24 ($480.68). Over the last ninety days, insiders have acquired 180 shares of company stock worth $76,960. Insiders own 0.26% of the company's stock.
Shares of LON:BP opened at GBX 450 ($5.81) on Monday. The firm's 50 day moving average price is GBX 432.89 and its 200 day moving average price is GBX 408.03. The stock has a market cap of £87.58 billion, a price-to-earnings ratio of 33.61, a price-to-earnings-growth ratio of 0.35 and a beta of 0.49. BP has a fifty-two week low of GBX 379.70 ($4.90) and a fifty-two week high of GBX 562.30 ($7.26). The company has a quick ratio of 0.62, a current ratio of 1.22 and a debt-to-equity ratio of 105.65.
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.
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