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BP plc (LON:BP)‘s stock had its “hold” rating reaffirmed by equities research analysts at Liberum Capital in a research note issued to investors on Wednesday, Stock Ratings News reports. They currently have a GBX 450 ($7.39) price objective on the stock. Liberum Capital’s price objective suggests a potential downside of 8.41% from the stock’s previous close.

Shares of BP plc (LON:BP) opened at 492.50 on Wednesday. BP plc has a 52-week low of GBX 407.95 and a 52-week high of GBX 499.90. The stock’s 50-day moving average is GBX 0. and its 200-day moving average is GBX 0.. The company’s market cap is £92.694 billion.

Several other analysts have also recently commented on the stock. Analysts at Jyske Bank reiterated a “buy” rating on shares of BP plc in a research note to investors on Monday. They now have a GBX 571.60 ($9.38) price target on the stock. Separately, analysts at Grupo Santander reiterated an “underweight” rating on shares of BP plc in a research note to investors on Friday, January 17th. They now have a GBX 509.92 ($8.37) price target on the stock. Finally, analysts at Nomura reiterated a “neutral” rating on shares of BP plc in a research note to investors on Wednesday, January 15th. They now have a GBX 460 ($7.55) price target on the stock. Five research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and twelve have given a buy rating to the company’s stock. BP plc currently has an average rating of “Hold” and a consensus price target of GBX 480.13 ($7.88).

BP p.l.c. (LON:BP) is an integrated oil and gas company.

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