BP (LON:BP) Given Buy Rating at Barclays

BP (LON:BP)‘s stock had its “buy” rating reaffirmed by investment analysts at Barclays in a research report issued on Friday,MarketScreener reports.

Other analysts have also recently issued research reports about the company. The Goldman Sachs Group reiterated a “buy” rating on shares of BP in a research report on Thursday, March 26th. BNP Paribas Exane upgraded shares of BP from a “neutral” rating to an “outperform” rating in a research report on Friday, April 17th. UBS Group raised shares of BP to a “buy” rating in a report on Thursday, April 16th. JPMorgan Chase & Co. restated a “neutral” rating on shares of BP in a research report on Tuesday, April 14th. Finally, Royal Bank Of Canada reaffirmed a “neutral” rating on shares of BP in a report on Wednesday. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, BP currently has a consensus rating of “Moderate Buy” and an average price target of GBX 559.

BP Trading Up 0.3%

BP stock opened at GBX 571.80 on Friday. The company has a quick ratio of 0.62, a current ratio of 1.26 and a debt-to-equity ratio of 136.71. BP has a 52-week low of GBX 379.70 and a 52-week high of GBX 562.30. The company has a market cap of £111.29 billion, a P/E ratio of 42.71, a P/E/G ratio of 0.35 and a beta of 0.06. The business has a 50-day simple moving average of GBX 536.04 and a two-hundred day simple moving average of GBX 475.34.

Insiders Place Their Bets

In other BP news, insider Carol Howle purchased 62 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were acquired at an average price of GBX 510 per share, for a total transaction of £316.20. Insiders bought a total of 142 shares of company stock valued at $70,530 over the last three months. 0.26% of the stock is currently owned by company insiders.

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.