BP plc Rating Reiterated by Deutsche Bank (BP)
BP plc (LON:BP)‘s stock had its “hold” rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Wednesday. They currently have a GBX 550 ($9.34) price objective on the stock. Deutsche Bank’s price objective would indicate a potential upside of 13.88% from the company’s current price.
A number of other firms have also recently commented on BP. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of BP plc in a research note on Wednesday. They now have a GBX 480 ($8.15) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of BP plc in a research note on Tuesday, July 29th. They now have a GBX 500 ($8.49) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of BP plc in a research note on Tuesday, July 29th. They now have a GBX 540 ($9.17) price target on the stock. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and fourteen have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 503.93 ($8.56).
BP plc (LON:BP) opened at 482.95 on Wednesday. BP plc has a 52 week low of GBX 275.443 and a 52 week high of GBX 526.80. The stock has a 50-day moving average of GBX 505. and a 200-day moving average of GBX 494.4. The company’s market cap is £89.033 billion.
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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