BP (LON:BP) Insider Acquires 73 Shares

BP p.l.c. (LON:BP) insider Carol Howle bought 73 shares of the firm’s stock in a transaction on Monday, January 12th. The shares were acquired at an average cost of GBX 426 per share, with a total value of £310.98.

BP Stock Up 0.2%

Shares of LON BP traded up GBX 1 during trading on Tuesday, reaching GBX 426.60. The company had a trading volume of 36,236,748 shares, compared to its average volume of 8,560,774. BP p.l.c. has a 12-month low of GBX 379.70 and a 12-month high of GBX 562.30. The company has a quick ratio of 0.62, a current ratio of 1.22 and a debt-to-equity ratio of 105.65. The business’s 50-day moving average is GBX 444.52 and its 200 day moving average is GBX 425.61. The stock has a market cap of £83.03 billion, a PE ratio of 31.87, a P/E/G ratio of 0.35 and a beta of 0.49.

Wall Street Analyst Weigh In

A number of research firms have commented on BP. Citigroup lifted their target price on shares of BP from GBX 475 to GBX 525 and gave the stock a “buy” rating in a research report on Monday, November 3rd. JPMorgan Chase & Co. raised their price target on BP from GBX 460 to GBX 480 and gave the stock a “neutral” rating in a research note on Friday, December 5th. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 500 price objective on shares of BP in a research report on Thursday, November 6th. Berenberg Bank raised their target price on BP from GBX 490 to GBX 525 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Finally, Jefferies Financial Group restated a “hold” rating and set a GBX 420 price target on shares of BP in a research note on Monday, November 17th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, BP presently has a consensus rating of “Hold” and an average target price of GBX 490.

BP Company Profile

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. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business.