BP p.l.c. (LON:BP) Receives Consensus Rating of “Moderate Buy” from Analysts

BP p.l.c. (LON:BP) has been given a consensus rating of “Moderate Buy” by the six research firms that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 494 ($6.55).

Several brokerages recently issued reports on BP. Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 480 ($6.37) target price on shares of BP in a research report on Thursday, February 20th. JPMorgan Chase & Co. upgraded shares of BP to a “neutral” rating and upped their price objective for the company from GBX 440 ($5.84) to GBX 510 ($6.77) in a report on Thursday, February 20th.

Insider Buying and Selling

In other BP news, insider Murray Auchincloss purchased 113 shares of BP stock in a transaction dated Thursday, April 10th. The shares were acquired at an average price of GBX 333 ($4.42) per share, with a total value of £376.29 ($499.26). Over the last three months, insiders acquired 205 shares of company stock worth $77,365. Company insiders own 0.26% of the company’s stock.

BP Price Performance

Shares of BP opened at GBX 354.25 ($4.70) on Friday. The stock has a market capitalization of £68.95 billion, a PE ratio of 26.46, a PEG ratio of 0.35 and a beta of 0.49. The company has a 50 day moving average price of GBX 418.41 and a 200-day moving average price of GBX 405.80. The company has a debt-to-equity ratio of 105.65, a quick ratio of 0.62 and a current ratio of 1.22. BP has a fifty-two week low of GBX 379.70 ($5.04) and a fifty-two week high of GBX 562.30 ($7.46).

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.