BP plc Rating Reiterated by Credit Suisse (BP)
BP plc (LON:BP)‘s stock had its “neutral” rating reiterated by stock analysts at Credit Suisse in a report issued on Tuesday. They currently have a GBX 505 ($8.47) price objective on the stock. Credit Suisse’s target price indicates a potential upside of 7.68% from the stock’s previous close.
BP has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of BP plc in a research note on Monday. They now have a GBX 530 ($8.89) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of BP plc in a research note on Friday. They now have a GBX 500 ($8.39) 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, August 7th. They now have a GBX 570 ($9.56) price target on the stock. Two research 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 stock presently has an average rating of “Hold” and an average price target of GBX 506.55 ($8.50).
Shares of BP plc (LON:BP) traded down 0.21% on Tuesday, hitting GBX 468.00. The stock had a trading volume of 9,993,788 shares. BP plc has a 52 week low of GBX 426.55 and a 52 week high of GBX 526.80. The stock has a 50-day moving average of GBX 499.5 and a 200-day moving average of GBX 493.6. The company’s market cap is £86.277 billion.
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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