Analysts Set BP p.l.c. (LON:BP) PT at GBX 595

Shares of BP p.l.c. (LON:BP - Get Free Report) have been given an average recommendation of "Hold" by the eight research firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 595 ($7.44).

Several research firms have recently commented on BP. Jefferies Financial Group reissued a "buy" rating and issued a GBX 540 ($6.75) target price on shares of BP in a report on Monday, December 16th. Berenberg Bank decreased their price target on shares of BP from GBX 470 ($5.88) to GBX 440 ($5.50) and set a "hold" rating on the stock in a research note on Friday, November 29th. Finally, JPMorgan Chase & Co. upped their price target on shares of BP from GBX 425 ($5.31) to GBX 440 ($5.50) and gave the company an "underweight" rating in a research note on Tuesday, January 14th.

Insider Buying and Selling

In other BP news, insider Murray Auchincloss bought 100 shares of the business's stock in a transaction on Monday, November 11th. The shares were bought at an average cost of GBX 373 ($4.66) per share, with a total value of £373 ($466.31). In the last quarter, insiders purchased 283 shares of company stock worth $111,954. 0.26% of the stock is owned by corporate insiders.

BP Stock Up 0.5 %

LON BP traded up GBX 2.20 ($0.03) during trading hours on Friday, reaching GBX 422.20 ($5.28). 43,779,088 shares of the company's stock traded hands, compared to its average volume of 8,560,774. The company has a debt-to-equity ratio of 79.91, a current ratio of 1.24 and a quick ratio of 0.62. The firm has a market cap of £66.92 billion, a PE ratio of 1,279.39, a PEG ratio of 0.35 and a beta of 0.49. BP has a 52-week low of GBX 379.70 ($4.75) and a 52-week high of GBX 562.30 ($7.03). The firm has a 50-day simple moving average of GBX 402.13 and a 200 day simple moving average of GBX 408.57.

About BP

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.