BP plc’s Buy Rating Reaffirmed at Bank of America Corp. (BP)
BP plc (LON:BP)‘s stock had its “buy” rating restated by Bank of America Corp. in a research note issued on Thursday, AnalystRatings.Net reports.
BP has been the subject of a number of other recent research reports. Analysts at AlphaValue reiterated a “reduce” rating on shares of BP plc in a research note to investors on Thursday. They now have a GBX 455 ($7.26) price target on the stock. Separately, analysts at Nomura reiterated a “neutral” rating on shares of BP plc in a research note to investors on Wednesday. Finally, analysts at Jyske Bank reiterated a “buy” rating on shares of BP plc in a research note to investors on Thursday, October 10th. They now have a GBX 512.40 ($8.18) price target on the stock. Five analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 508.98 ($8.13).
BP plc (LON:BP) traded down 0.42% on Thursday, hitting GBX 443.90. The stock had a trading volume of 19,460,276 shares. BP plc has a one year low of GBX 407.95 and a one year high of GBX 485.432. The stock’s 50-day moving average is GBX 444.4 and its 200-day moving average is GBX 455.. The company’s market cap is £84.055 billion.
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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