BP plc Earns “Market Perform” Rating from Sanford C. Bernstein (BP)
BP plc (LON:BP)‘s stock had its “market perform” rating reaffirmed by equities researchers at Sanford C. Bernstein in a research report issued on Friday. They currently have a GBX 500 ($8.36) price target on the stock. Sanford C. Bernstein’s price target points to a potential upside of 3.34% from the stock’s previous close.
A number of other firms have also recently commented on BP. Analysts at BMO Capital Markets reiterated a “market perform” rating on shares of BP plc in a research note on Friday, August 15th. They now have a GBX 500 ($8.36) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of BP plc in a research note on Friday, August 15th. They now have a GBX 500 ($8.36) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of BP plc in a research note on Tuesday, August 12th. They now have a GBX 505 ($8.44) price target on the stock. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and fourteen have assigned a buy rating to the company. BP plc currently has a consensus rating of “Hold” and a consensus price target of GBX 506.31 ($8.46).
Shares of BP plc (LON:BP) opened at 482.90 on Friday. 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 490. and its 200-day moving average is GBX 493.3. The company’s market cap is £89.024 billion.
BP p.l.c. (LON:BP) is an integrated oil and gas company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.