Shares of BP p.l.c. (LON:BP - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 409.01 ($5.35) and traded as low as GBX 342.50 ($4.48). BP shares last traded at GBX 348.95 ($4.57), with a volume of 77,746,410 shares changing hands.
Wall Street Analysts Forecast Growth
BP has been the subject of several recent research reports. JPMorgan Chase & Co. upgraded shares of BP to a "neutral" rating and boosted their target price for the company from GBX 440 ($5.76) to GBX 510 ($6.67) in a research note on Thursday, February 20th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a GBX 480 ($6.28) price objective on shares of BP in a research report on Thursday, February 20th. Finally, Jefferies Financial Group reissued a "buy" rating and issued a GBX 540 ($7.07) target price on shares of BP in a report on Monday, December 16th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 494 ($6.46).
Get Our Latest Research Report on BP
BP Price Performance
The company has a debt-to-equity ratio of 105.65, a quick ratio of 0.62 and a current ratio of 1.22. The stock has a market capitalization of £64.56 billion, a price-to-earnings ratio of 24.78, a price-to-earnings-growth ratio of 0.35 and a beta of 0.49. The business's 50 day simple moving average is GBX 425.10 and its 200-day simple moving average is GBX 407.27.
Insider Transactions at BP
In other news, insider Murray Auchincloss bought 113 shares of the firm's stock in a transaction that occurred on Thursday, April 10th. The stock was acquired at an average price of GBX 333 ($4.36) per share, with a total value of £376.29 ($492.33). Over the last three months, insiders acquired 205 shares of company stock worth $77,365. Company insiders own 0.26% of the company's stock.
BP Company Profile
(
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.
Featured Articles
Before you consider BP, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BP wasn't on the list.
While BP currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
