BP plc (LON:BP)‘s stock had its “outperform” rating restated by research analysts at BNP Paribas in a research report issued on Tuesday.
A number of other research firms also recently issued reports on BP. Goldman Sachs Group Inc. set a GBX 405 ($5.01) target price on BP plc and gave the company a “neutral” rating in a research report on Monday, July 18th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 600 ($7.43) target price on shares of BP plc in a research report on Tuesday, September 20th. Morgan Stanley raised BP plc to an “overweight” rating and lifted their target price for the company from GBX 420 ($5.20) to GBX 485 ($6.00) in a research report on Thursday, June 30th. Jefferies Group reaffirmed a “hold” rating and issued a GBX 400 ($4.95) target price on shares of BP plc in a research report on Tuesday, August 2nd. Finally, S&P Global Inc. set a GBX 450 ($5.57) target price on BP plc and gave the company a “neutral” rating in a research report on Tuesday, July 26th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and twelve have assigned a buy rating to the stock. BP plc presently has a consensus rating of “Hold” and an average target price of GBX 441.44 ($5.46).
Shares of BP plc (LON:BP) opened at 495.10 on Tuesday. The company’s 50-day moving average price is GBX 437.88 and its 200 day moving average price is GBX 402.57. The company’s market cap is GBX 92.97 billion. BP plc has a 52 week low of GBX 249.44 and a 52 week high of GBX 498.45.
About BP plc
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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