BP plc’s “Neutral” Rating Reaffirmed at Goldman Sachs (BP)
BP plc (LON:BP)‘s stock had its “neutral” rating reaffirmed by analysts at Goldman Sachs in a research report issued to clients and investors on Wednesday. They currently have a GBX 500 ($8.49) price objective on the stock. Goldman Sachs’ price target points to a potential upside of 3.53% from the stock’s previous close.
BP has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “equal weight” rating on shares of BP plc in a research note on Wednesday. They now have a GBX 600 ($10.19) price target on the stock. Separately, 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. Finally, 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. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The company currently has a consensus 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 1-year low of GBX 275.443 and a 1-year high of GBX 526.80. The stock’s 50-day moving average is GBX 505. and its 200-day moving average is 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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