BP plc (BP) Shares Down 0.5%
BP plc (LON:BP) fell 0.5% during trading on Friday . The stock traded as low as GBX 486.60 ($6.45) and last traded at GBX 488.15 ($6.47). 19,201,997 shares traded hands during trading, a decline of 30% from the average session volume of 27,449,000 shares. The stock had previously closed at GBX 490.40 ($6.50).
Several research firms have recently commented on BP. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a GBX 480 ($6.37) price objective on shares of BP plc in a report on Thursday, July 13th. Credit Suisse Group AG restated an “outperform” rating and set a GBX 530 ($7.03) price objective on shares of BP plc in a report on Friday, September 1st. UBS AG set a GBX 525 ($6.96) price objective on BP plc and gave the company a “buy” rating in a report on Monday, June 19th. Barclays PLC restated an “overweight” rating and set a GBX 675 ($8.95) price objective on shares of BP plc in a report on Thursday, July 13th. Finally, Deutsche Bank AG restated a “buy” rating and set a GBX 515 ($6.83) price objective on shares of BP plc in a report on Wednesday, June 21st. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of GBX 510.14 ($6.77).
The stock has a 50-day moving average price of GBX 456.76 and a 200-day moving average price of GBX 457.25. The stock’s market capitalization is GBX 96.10 billion.
The company also recently announced a dividend, which was paid on Friday, September 22nd. Stockholders of record on Thursday, August 10th were issued a $0.10 dividend. The ex-dividend date of this dividend was Thursday, August 10th. This represents a dividend yield of 1.64%.
In related news, insider Brian Gilvary acquired 70 shares of BP plc stock in a transaction on Monday, July 10th. The shares were bought at an average cost of GBX 444 ($5.89) per share, with a total value of £310.80 ($412.26). Insiders bought 208 shares of company stock worth $94,192 over the last ninety days.
BP plc Company Profile
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.
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