BP plc (LON:BP) insider Brian Gilvary purchased 63 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The shares were purchased at an average cost of GBX 505 ($6.60) per share, for a total transaction of £318.15 ($415.72).
Brian Gilvary also recently made the following trade(s):
- On Monday, August 12th, Brian Gilvary purchased 63 shares of BP stock. The shares were purchased at an average cost of GBX 503 ($6.57) per share, for a total transaction of £316.89 ($414.07).
- On Wednesday, July 10th, Brian Gilvary purchased 58 shares of BP stock. The shares were purchased at an average cost of GBX 546 ($7.13) per share, for a total transaction of £316.68 ($413.80).
Shares of BP stock opened at GBX 505.10 ($6.60) on Thursday. The stock has a 50-day simple moving average of GBX 508.57 and a 200 day simple moving average of GBX 538.74. BP plc has a fifty-two week low of GBX 5.08 ($0.07) and a fifty-two week high of GBX 603.20 ($7.88). The stock has a market capitalization of $102.73 billion and a P/E ratio of 11.53. The company has a quick ratio of 0.69, a current ratio of 1.07 and a debt-to-equity ratio of 75.21.
The company also recently announced a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 8th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, August 8th. This represents a yield of 1.59%. BP’s dividend payout ratio is currently 0.78%.
Several equities research analysts recently issued reports on the company. Deutsche Bank reissued a “buy” rating on shares of BP in a research report on Friday, July 12th. UBS Group reissued a “buy” rating on shares of BP in a research report on Wednesday, August 28th. JPMorgan Chase & Co. set a GBX 625 ($8.17) price target on BP and gave the company a “buy” rating in a research report on Thursday. Sanford C. Bernstein set a GBX 710 ($9.28) price target on BP and gave the company a “buy” rating in a research report on Tuesday, August 27th. Finally, Royal Bank of Canada lowered their price objective on BP from GBX 615 ($8.04) to GBX 575 ($7.51) and set an “outperform” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. BP presently has an average rating of “Buy” and a consensus target price of GBX 647.81 ($8.46).
BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).
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