Brian Gilvary Buys 65 Shares of BP plc (BP) Stock
BP plc (LON:BP) insider Brian Gilvary acquired 65 shares of the business’s stock in a transaction that occurred on Monday, October 10th. The shares were acquired at an average cost of GBX 486 ($6.01) per share, for a total transaction of £315.90 ($390.97).
BP plc (LON:BP) opened at 485.00 on Friday. BP plc has a 52-week low of GBX 249.44 and a 52-week high of GBX 498.45. The firm’s market capitalization is GBX 91.07 billion. The stock’s 50 day moving average price is GBX 442.27 and its 200 day moving average price is GBX 404.64.
Several equities analysts recently weighed in on BP shares. Goldman Sachs Group Inc. set a GBX 405 ($5.01) price objective on shares of BP plc and gave the company a “neutral” rating in a research report on Monday, July 18th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 600 ($7.43) price objective on shares of BP plc in a research report on Tuesday, September 20th. Morgan Stanley upgraded BP plc to an “overweight” rating and increased their price target for the company from GBX 420 ($5.20) to GBX 485 ($6.00) in a report on Thursday, June 30th. Jefferies Group reiterated a “hold” rating and set a GBX 400 ($4.95) price target on shares of BP plc in a report on Tuesday, August 2nd. Finally, S&P Global Inc. set a GBX 450 ($5.57) price target on BP plc and gave the company a “neutral” rating in a report on Tuesday, July 26th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and twelve have issued a buy rating to the company. BP plc currently has an average rating of “Hold” and an average target price of GBX 451.64 ($5.59).
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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