BP plc (BP) Earns “Outperform” Rating from BNP Paribas
BP plc (LON:BP)‘s stock had its “outperform” rating reissued by investment analysts at BNP Paribas in a note issued to investors on Tuesday.
BP has been the topic of a number of other reports. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 600 ($7.43) target price on shares of BP plc in a research report on Tuesday, September 20th. Goldman Sachs Group Inc. set a GBX 418 ($5.17) target price on BP plc and gave the company a “neutral” rating in a research report on Wednesday, October 5th. Jefferies Group reiterated a “hold” rating and issued a GBX 400 ($4.95) price target on shares of BP plc in a report on Wednesday, September 7th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 520 ($6.44) price target on shares of BP plc in a report on Tuesday, September 6th. Finally, HSBC reiterated a “buy” rating and issued a GBX 495 ($6.13) price target on shares of BP plc in a report on Wednesday, September 7th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and twelve have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 441.44 ($5.46).
Shares of BP plc (LON:BP) opened at 495.10 on Tuesday. The firm has a 50-day moving average price of GBX 437.88 and a 200-day moving average price of GBX 402.57. BP plc has a 12-month low of GBX 249.44 and a 12-month high of GBX 498.45. The firm’s market cap is GBX 92.97 billion.
About BP plc
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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