BP plc Given Neutral/Neutral Rating at Goldman Sachs (BP)
BP plc (LON:BP)‘s stock had its “neutral/neutral” rating restated by equities research analysts at Goldman Sachs in a research note issued to investors on Monday. They currently have a GBX 510 ($8.46) price target on the stock. Goldman Sachs’ price objective would indicate a potential upside of 5.89% from the company’s current price.
BP plc (LON:BP) opened at 481.30 on Monday. 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 486.0 and its 200-day moving average is GBX 493.5. The company’s market cap is £88.729 billion.
A number of other analysts have also recently weighed in on BP. Analysts at RBC Capital reiterated an “outperform” rating on shares of BP plc in a research note on Thursday. They now have a GBX 530 ($8.80) 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, August 22nd. They now have a GBX 500 ($8.30) price target on the stock. Finally, 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 ($8.30) price target on the stock. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and thirteen have assigned a buy rating to the company. BP plc currently has a consensus rating of “Hold” and a consensus target price of GBX 507.70 ($8.43).
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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