BP plc Stock Rating Reaffirmed by Liberum Capital (BP)
BP plc (LON:BP)‘s stock had its “hold” rating reaffirmed by Liberum Capital in a research note issued on Friday. They currently have a GBX 500 ($8.39) target price on the stock. Liberum Capital’s target price would suggest a potential upside of 5.93% from the stock’s previous close.
Shares of BP plc (LON:BP) traded down 0.22% on Friday, hitting GBX 470.95. 24,316,976 shares of the company’s stock traded hands. BP plc has a 52-week low of GBX 426.55 and a 52-week high of GBX 526.80. The stock’s 50-day moving average is GBX 495.9 and its 200-day moving average is GBX 493.2. The company’s market cap is £86.821 billion.
A number of other firms have also recently commented on BP. 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. Separately, 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. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of BP plc in a research note on Friday, August 8th. They now have a GBX 500 ($8.39) price target on the stock. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and fourteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 506.31 ($8.49).
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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