BMO Capital Markets Reiterates Market Perform Rating for BP plc (BP)
BP plc (LON:BP)‘s stock had its “market perform” rating reiterated by stock analysts at BMO Capital Markets in a report issued on Friday. They currently have a GBX 500 ($8.39) target price on the stock. BMO Capital Markets’ price target suggests a potential upside of 7.09% from the company’s current price.
A number of other analysts have also recently weighed in on BP. Analysts at Liberum Capital reiterated a “hold” 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. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of BP plc in a research note on Tuesday. They now have a GBX 505 ($8.47) price target on the stock. Finally, 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. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and fourteen have issued a buy rating to the company’s stock. BP plc has a consensus rating of “Hold” and a consensus price target of GBX 506.31 ($8.49).
Shares of BP plc (LON:BP) opened at 473.755 on Friday. BP plc has a 1-year low of GBX 426.55 and a 1-year high of GBX 526.80. The stock has a 50-day moving average of GBX 495.9 and a 200-day moving average of GBX 493.2. The company’s market cap is £87.338 billion.
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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