BP p.l.c. (LON:BP) Receives GBX 635 Consensus Target Price from Analysts

BP p.l.c. (LON:BP) has received a consensus recommendation of “Moderate Buy” from the eleven research firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 635.

BP has been the subject of a number of research analyst reports. UBS Group reiterated a “buy” rating on shares of BP in a report on Friday, May 8th. The Goldman Sachs Group reiterated a “buy” rating on shares of BP in a report on Wednesday, April 29th. Barclays restated a “buy” rating on shares of BP in a research note on Friday, April 24th. JPMorgan Chase & Co. restated a “neutral” rating on shares of BP in a research note on Tuesday, April 28th. Finally, BNP Paribas Exane upgraded BP from a “neutral” rating to an “outperform” rating in a research note on Friday, April 17th.

BP Stock Down 4.0%

Shares of BP stock opened at GBX 529 on Wednesday. BP has a 12 month low of GBX 379.70 and a 12 month high of GBX 562.30. The firm has a market cap of £102.96 billion, a PE ratio of 39.51, a price-to-earnings-growth ratio of 0.35 and a beta of 0.06. The stock has a 50 day moving average of GBX 565.63 and a 200-day moving average of GBX 494.07. The company has a quick ratio of 0.62, a current ratio of 1.22 and a debt-to-equity ratio of 132.55.

Insider Activity at BP

In other news, insider Carol Howle bought 62 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was acquired at an average cost of GBX 510 per share, for a total transaction of £316.20. Insiders acquired 77 shares of company stock valued at $39,750 in the last three months. Corporate insiders own 0.26% of the company’s stock.

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.