BP plc Given underweight Rating at Barclays (BP)
BP plc (LON:BP)‘s stock had its “underweight” rating reiterated by research analysts at Barclays in a report released on Monday, Stock Ratings Network reports. They currently have a GBX 485 ($7.85) price target on the stock. Barclays’ target price would indicate a potential upside of 7.50% from the company’s current price.
A number of other analysts have also recently weighed in on BP. Analysts at BNP Paribas reiterated an “outperform” rating on shares of BP plc in a research note to investors on Thursday, October 17th. They now have a GBX 550 ($8.90) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of BP plc in a research note to investors on Thursday, October 17th. Finally, analysts at AlphaValue reiterated a “reduce” rating on shares of BP plc in a research note to investors on Thursday, October 17th. They now have a GBX 455 ($7.36) price target on the stock. Five research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 512.40 ($8.29).
BP plc (LON:BP) traded up 0.22% on Monday, hitting GBX 451.15. The stock had a trading volume of 18,693,122 shares. BP plc has a 52 week low of GBX 407.95 and a 52 week high of GBX 485.432. The stock has a 50-day moving average of GBX 441.4 and a 200-day moving average of GBX 454.0. The company’s market cap is £85.428 billion.
BP p.l.c. (LON:BP) is an integrated oil and gas company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.