BP plc Given Consensus Recommendation of “Hold” by Analysts (LON:BP)
BP plc (LON:BP) has received a consensus rating of “Hold” from the twenty-eight analysts that are presently covering the company, AmericanBankingNews.com reports. Five research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and fourteen have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 492.87 ($8.30).
A number of research firms have recently commented on BP. Analysts at RBC Capital upgraded shares of BP plc to an “outperform” rating in a research note on Thursday. They now have a GBX 530 ($8.93) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of BP plc in a research note on Monday. They now have a GBX 540 ($9.10) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of BP plc in a research note on Tuesday, May 6th. They now have a GBX 495 ($8.34) price target on the stock.
BP plc (LON:BP) opened at 506.80 on Friday. BP plc has a 52-week low of GBX 426.55 and a 52-week high of GBX 510.00. The stock’s 50-day moving average is GBX 489. and its 200-day moving average is GBX 485.3. The company’s market cap is £93.564 billion.
BP p.l.c. (LON:BP), is an integrated oil and gas company.
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