BP plc Receives Outperform Rating from Macquarie (BP.)
BP plc (LON:BP.)‘s stock had its “outperform” rating restated by research analysts at Macquarie in a report released on Wednesday, Analyst Ratings Net reports. They currently have a GBX 550 ($8.90) price objective on the stock.
A number of other analysts have also recently weighed in on BP.. Analysts at Beaufort Securities downgraded shares of BP plc to a “hold” rating in a research note to investors on Wednesday. Separately, analysts at Barclays reiterated an “underweight” rating on shares of BP plc in a research note to investors on Tuesday, October 29th. They now have a GBX 485 ($7.85) price target on the stock. Finally, analysts at Prime Markets reiterated a “buy” rating on shares of BP plc in a research note to investors on Tuesday, October 29th. They now have a GBX 500 ($8.09) price target on the stock. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 493.67 ($7.99).
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