BP plc Stock Rating Reaffirmed by Barclays (BP)
BP plc (LON:BP)‘s stock had its “equal weight” rating reaffirmed by stock analysts at Barclays in a report issued on Wednesday. They currently have a GBX 600 ($10.19) target price on the stock. Barclays’ price target suggests a potential upside of 24.24% from the company’s current price.
BP plc (LON:BP) opened at 482.95 on Wednesday. BP plc has a 1-year low of GBX 275.443 and a 1-year 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.
A number of other firms have also recently commented on BP. Analysts at Jefferies Group reiterated a “buy” rating on shares of BP plc in a research note on Wednesday. They now have a GBX 570 ($9.68) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of BP plc in a research note on Wednesday. They now have a GBX 550 ($9.34) price target on the stock. Finally, 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. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. BP plc has a consensus rating of “Hold” and an average target price of GBX 503.93 ($8.56).
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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