BP plc (LON:BP)‘s stock had its “overweight” rating reissued by investment analysts at Barclays PLC in a report issued on Monday. They presently have a GBX 600 ($7.43) price target on the oil and gas exploration company’s stock. Barclays PLC’s target price indicates a potential upside of 22.08% from the company’s current price.

A number of other equities research analysts have also recently issued reports on the company. Macquarie restated a “neutral” rating and issued a GBX 425 ($5.26) price objective on shares of BP plc in a research note on Monday, August 1st. BNP Paribas restated an “outperform” rating and issued a GBX 530 ($6.56) price objective (up from GBX 350 ($4.33)) on shares of BP plc in a research note on Tuesday, October 11th. Societe Generale restated a “buy” rating and issued a GBX 500 ($6.19) price objective on shares of BP plc in a research note on Wednesday, July 27th. Liberum Capital boosted their price objective on BP plc from GBX 382 ($4.73) to GBX 433 ($5.36) and gave the company a “hold” rating in a research note on Wednesday, June 29th. Finally, Jefferies Group restated a “hold” rating and issued a GBX 400 ($4.95) price objective on shares of BP plc in a research note on Wednesday, September 7th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 451.64 ($5.59).

Analyst Recommendations for BP plc (LON:BP)

Shares of BP plc (LON:BP) opened at 486.35 on Monday. The stock has a 50 day moving average of GBX 443.90 and a 200-day moving average of GBX 405.23. The firm’s market capitalization is GBX 91.32 billion. BP plc has a 1-year low of GBX 249.44 and a 1-year high of GBX 498.45.

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In other news, insider Brian Gilvary acquired 65 shares of the firm’s stock in a transaction on Monday, October 10th. The stock was acquired at an average price of GBX 486 ($6.01) per share, for a total transaction of £315.90 ($390.97).

BP plc Company Profile

BP p.l.c. is an integrated oil and gas company. The Company provides its customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging. The Company operates through three segments: Upstream, Downstream and Rosneft.

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