BP plc Earns “Hold” Rating from Liberum Capital (BP)
BP plc (LON:BP)‘s stock had its “hold” rating reaffirmed by stock analysts at Liberum Capital in a report issued on Friday. They currently have a GBX 500 ($8.30) price target on the stock. Liberum Capital’s target price would suggest a potential upside of 9.89% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of BP plc in a research note on Friday. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of BP plc in a research note on Friday. They now have a GBX 570 ($9.46) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of BP plc in a research note on Wednesday. They now have a GBX 505 ($8.38) price target on the stock. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of GBX 505.61 ($8.39).
BP plc (LON:BP) traded up 2.59% during mid-day trading on Friday, hitting GBX 466.80. 63,456,888 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 has a 50-day moving average of GBX 482.9 and a 200-day moving average of GBX 493.2. The company’s market cap is £86.056 billion.
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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