BP plc Receives “Buy” Rating from Kepler Capital Markets (BP)
BP plc (LON:BP)‘s stock had its “buy” rating reiterated by equities research analysts at Kepler Capital Markets in a research note issued to investors on Tuesday. They currently have a GBX 545 ($9.31) target price on the stock. Kepler Capital Markets’ price objective suggests a potential upside of 10.76% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of BP plc in a research note on Tuesday. They now have a GBX 505 ($8.63) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of BP plc in a research note on Friday. They now have a GBX 550 ($9.40) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of BP plc in a research note on Thursday, July 17th. They now have a GBX 570 ($9.74) price target on the stock. Four analysts have rated the stock with a sell rating, twelve have issued a hold rating and fourteen have issued a buy rating to the company. BP plc has a consensus rating of “Hold” and a consensus target price of GBX 502.62 ($8.59).
BP plc (LON:BP) traded up 1.31% during mid-day trading on Tuesday, hitting GBX 498.50. The stock had a trading volume of 19,391,612 shares. BP plc has a 1-year low of GBX 426.55 and a 1-year high of GBX 526.80. The stock’s 50-day moving average is GBX 508.7 and its 200-day moving average is GBX 494.4. The company’s market cap is £92.031 billion.
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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