BP p.l.c. (NYSE: BP) recently received a number of ratings updates from brokerages and research firms:

  • 8/17/2017 – BP p.l.c. was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/10/2017 – BP p.l.c. was downgraded by analysts at TheStreet from a “b-” rating to a “c” rating.
  • 8/4/2017 – BP p.l.c. was upgraded by analysts at Piper Jaffray Companies from a “neutral” rating to an “overweight” rating. They now have a $42.00 price target on the stock, up previously from $36.33.
  • 8/3/2017 – BP p.l.c. was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 8/1/2017 – BP p.l.c. was given a new $37.00 price target on by analysts at Scotiabank. They now have a “buy” rating on the stock.
  • 7/26/2017 – BP p.l.c. was downgraded by analysts at Societe Generale from a “buy” rating to a “hold” rating. They now have a $34.90 price target on the stock, down previously from $35.04.
  • 7/25/2017 – BP p.l.c. was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 7/14/2017 – BP p.l.c. had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $35.90 price target on the stock.
  • 6/30/2017 – BP p.l.c. was downgraded by analysts at Bank of America Corporation from a “neutral” rating to an “underperform” rating.
  • 6/30/2017 – BP p.l.c. was downgraded by analysts at Kepler Capital Markets from a “hold” rating to a “reduce” rating.
  • 6/30/2017 – BP p.l.c. had its “buy” rating reaffirmed by analysts at Scotiabank. They now have a $37.00 price target on the stock.

BP p.l.c. (BP) opened at 34.24 on Thursday. BP p.l.c. has a 1-year low of $32.53 and a 1-year high of $38.68. The company has a market cap of $112.34 billion, a price-to-earnings ratio of 29.88 and a beta of 0.94. The firm’s 50-day moving average price is $34.99 and its 200-day moving average price is $34.88.

BP p.l.c. (NYSE:BP) last released its earnings results on Tuesday, August 1st. The oil and gas exploration company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by $0.18. BP p.l.c. had a net margin of 1.74% and a return on equity of 3.64%. The firm had revenue of $56.51 billion for the quarter, compared to analysts’ expectations of $56.09 billion. During the same quarter last year, the firm posted $0.23 EPS. The firm’s quarterly revenue was up 21.7% compared to the same quarter last year. Equities research analysts forecast that BP p.l.c. will post $1.69 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Shareholders of record on Friday, August 11th will be issued a $0.595 dividend. The ex-dividend date is Wednesday, August 9th. This represents a $2.38 dividend on an annualized basis and a yield of 6.95%. BP p.l.c.’s dividend payout ratio is currently 206.96%.

BP p.l.c. is an integrated oil and gas company. The Company owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. The Company’s segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is engaged in oil and natural gas exploration, field development and production, as well as midstream transportation, storage and processing.

Receive News & Stock Ratings for BP plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BP plc and related stocks with our FREE daily email newsletter.