Jefferies Group Gives Hold Rating to BP plc (BP)
BP plc (LON: BP)‘s stock had its “hold” rating restated by analysts at Jefferies Group in a research report issued to clients and investors on Wednesday. They currently have a $7.09 (450 GBX) price target on the stock.
A number of other firms have also recently commented on BP. Analysts at Grupo Santander reiterated a “hold” rating on shares of BP plc in a research note to investors on Wednesday, January 23rd. Separately, analysts at RBC Capital downgraded shares of BP plc from an “outperform” rating to a “sector perform” rating in a research note to investors on Tuesday, January 22nd. They now have a $8.39 price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of BP plc in a research note to investors on Monday, January 21st. They now have a $7.53 price target on the stock.
Shares of BP plc opened at 480.65 on Wednesday. BP plc has a 52 week low of GBX 359.90 and a 52 week high of GBX 554.00. The stock’s 50-day moving average is currently GBX 440.2. The company’s market cap is £91.573 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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