BP plc’s “Neutral” Rating Reaffirmed at BNP Paribas (BP)
BP plc (LON:BP)‘s stock had its “neutral” rating reiterated by BNP Paribas in a research note issued on Wednesday. They currently have a GBX 530 ($8.89) target price on the stock. BNP Paribas’ price target points to a potential upside of 5.33% from the stock’s previous close.
BP plc (LON:BP) opened at 499.05 on Wednesday. BP plc has a 1-year low of GBX 426.55 and a 1-year high of GBX 511.10. The stock’s 50-day moving average is GBX 497.6 and its 200-day moving average is GBX 487.7. The company’s market cap is £92.133 billion.
A number of other firms have also recently commented on BP. Analysts at Credit Suisse reiterated a “neutral” rating on shares of BP plc in a research note on Tuesday. They now have a GBX 495 ($8.30) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of BP plc in a research note on Wednesday, May 28th. They now have a GBX 540 ($9.05) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of BP plc in a research note on Tuesday, May 27th. They now have a GBX 500 ($8.38) price target on the stock. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have issued a buy rating to the stock. BP plc presently has a consensus rating of “Hold” and a consensus target price of GBX 495.49 ($8.31).
BP p.l.c. (LON:BP), is an integrated oil and gas company.
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