BP PLC 9 Percent Preferred Shares (LON:BP.B) PT Set at GBX 490 by Jefferies Financial Group

BP PLC 9 Percent Preferred Shares (LON:BP.BGet Rating) has been given a GBX 490 ($5.92) target price by stock analysts at Jefferies Financial Group in a note issued to investors on Friday, Borsen Zeitung reports. Jefferies Financial Group’s price target would suggest a potential upside of 180.80% from the company’s previous close.

A number of other research firms have also commented on BP.B. Berenberg Bank set a GBX 500 ($6.04) price objective on BP PLC 9 Percent Preferred Shares in a research note on Friday, August 5th. Credit Suisse Group set a GBX 550 ($6.65) price target on shares of BP PLC 9 Percent Preferred Shares in a research report on Friday, September 16th. The Goldman Sachs Group set a GBX 610 ($7.37) price objective on shares of BP PLC 9 Percent Preferred Shares in a report on Tuesday, August 2nd. Deutsche Bank Aktiengesellschaft set a GBX 472 ($5.70) price target on BP PLC 9 Percent Preferred Shares in a research note on Wednesday, August 3rd. Finally, Royal Bank of Canada set a GBX 525 ($6.34) target price on BP PLC 9 Percent Preferred Shares in a report on Wednesday, August 31st.

BP PLC 9 Percent Preferred Shares Price Performance

LON BP.B remained flat at GBX 174.50 ($2.11) on Friday. The company had a trading volume of 500 shares, compared to its average volume of 3,900. The firm has a market cap of £34.91 billion and a price-to-earnings ratio of -2.44. BP PLC 9 Percent Preferred Shares has a 1-year low of GBX 166 ($2.01) and a 1-year high of GBX 197 ($2.38). The business has a fifty day moving average price of GBX 176.95 and a 200 day moving average price of GBX 175.60. The company has a current ratio of 1.16, a quick ratio of 0.66 and a debt-to-equity ratio of 74.69.

BP PLC 9 Percent Preferred Shares Company Profile

(Get Rating)

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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