Canaccord Genuity Reaffirms Buy Rating on BP plc (BP)
BP plc (LON: BP)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity in a research note issued to investors on Wednesday. They currently have a $8.06 (500 GBX) price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of BP plc in a research note to investors on Thursday, September 20th. They now have a $8.87 price target on the stock. Separately, analysts at Grupo Santander downgraded shares of BP plc to a “hold” rating in a research note to investors on Tuesday, September 18th. They now have a $8.06 price target on the stock. Finally, analysts at Nomura reiterated a “neutral” rating on shares of BP plc in a research note to investors on Tuesday, September 11th. They now have a $7.34 price target on the stock.
BP plc opened at 442.452 on Wednesday. BP plc has a 52-week low of GBX 359.90 and a 52-week high of GBX 554.00. The company’s market cap is £84.198 billion.
BP p.l.c. (BP) is an integrated oil and gas company. The Company provides its customers with fuel for transportation, energy for heat and light, lubricants and the petrochemicals products used to make everyday items like plastic bottles.
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