Shares of BP p.l.c. (LON:BP - Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 404.57 ($5.09) and traded as high as GBX 435.50 ($5.48). BP shares last traded at GBX 433.25 ($5.45), with a volume of 23,160,306 shares changing hands.
Analyst Ratings Changes
Several equities research analysts have weighed in on the stock. Berenberg Bank cut their target price on shares of BP from GBX 470 ($5.92) to GBX 440 ($5.54) and set a "hold" rating on the stock in a report on Friday, November 29th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 540 ($6.80) target price on shares of BP in a report on Monday, December 16th. Finally, JPMorgan Chase & Co. increased their target price on shares of BP from GBX 425 ($5.35) to GBX 440 ($5.54) and gave the stock an "underweight" rating in a report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 595 ($7.49).
Get Our Latest Research Report on BP
BP Trading Down 1.0 %
The business's 50-day moving average price is GBX 410.42 and its 200 day moving average price is GBX 408.67. The company has a market cap of £90.29 billion, a P/E ratio of 34.65, a P/E/G ratio of 0.35 and a beta of 0.49. The company has a debt-to-equity ratio of 105.65, a quick ratio of 0.62 and a current ratio of 1.22.
Insider Buying and Selling
In related news, insider Murray Auchincloss bought 95 shares of BP stock in a transaction that occurred on Tuesday, December 10th. The stock was acquired at an average price of GBX 394 ($4.96) per share, with a total value of £374.30 ($471.11). In the last 90 days, insiders purchased 270 shares of company stock valued at $112,325. Company insiders own 0.26% of the company's stock.
About BP
(
Get Free Report)
BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.
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