BP plc Stock Rating Reaffirmed by Sanford C. Bernstein (BP)
BP plc (LON:BP)‘s stock had its “market perform” rating reiterated by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Friday. They currently have a GBX 500 ($8.41) price target on the stock. Sanford C. Bernstein’s price objective would indicate a potential upside of 6.59% from the stock’s previous close.
BP has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of BP plc in a research note on Thursday. They now have a GBX 570 ($9.59) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of BP plc in a research note on Wednesday, July 30th. They now have a GBX 530 ($8.92) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of BP plc in a research note on Wednesday, July 30th. They now have a GBX 505 ($8.50) price target on the stock. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and fourteen have issued a buy rating to the stock. BP plc has a consensus rating of “Hold” and an average price target of GBX 506.55 ($8.52).
Shares of BP plc (LON:BP) opened at 465.55 on Friday. BP plc has a one year low of GBX 426.55 and a one year high of GBX 526.80. The stock’s 50-day moving average is GBX 502.7 and its 200-day moving average is GBX 494.0. The company’s market cap is £85.825 billion.
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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