BP plc Given Sector Performer Rating at RBC Capital (BP.)
BP plc (LON:BP.)‘s stock had its “sector performer” rating reaffirmed by analysts at RBC Capital in a research report issued to clients and investors on Monday, AnalystRatingsNetwork reports. They currently have a GBX 530 ($8.50) price objective on the stock.
A number of other analysts have also recently weighed in on BP.. Analysts at Beaufort Securities upgraded shares of BP plc from a “hold” rating to a “buy” rating in a research note to investors on Friday. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of BP plc in a research note to investors on Thursday. They now have a GBX 500 ($8.02) price target on the stock. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 490.50 ($7.87).
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