BP plc Rating Reiterated by RBC Capital (BP)
BP plc (LON:BP)‘s stock had its “outperform” rating reissued by investment analysts at RBC Capital in a note issued to investors on Thursday. They currently have a GBX 530 ($8.77) price objective on the stock. RBC Capital’s target price would indicate a potential upside of 9.19% from the stock’s previous close.
A number of other firms have also recently commented on BP. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of BP plc in a research note on Friday, August 22nd. They now have a GBX 500 ($8.27) price target on the stock. Separately, 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 ($8.27) price target on the stock. Finally, 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 ($8.27) price target on the stock. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and fourteen have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 506.31 ($8.38).
Shares of BP plc (LON:BP) traded down 0.74% during mid-day trading on Thursday, hitting GBX 481.80. The stock had a trading volume of 15,108,761 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 487.5 and a 200-day moving average of GBX 493.6. The company’s market cap is £88.821 billion.
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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