BP p.l.c. (LON:BP) Receives Consensus Recommendation of "Moderate Buy" from Analysts

BP p.l.c. (LON:BP - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the six research firms that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 494 ($6.55).

A number of equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. raised shares of BP to a "neutral" rating and upped their price objective for the company from GBX 440 ($5.83) to GBX 510 ($6.76) in a report on Thursday, February 20th. Royal Bank of Canada reissued a "sector perform" rating and issued a GBX 480 ($6.36) price objective on shares of BP in a report on Thursday, February 20th.

Insider Buying and Selling at BP

In other BP news, insider Murray Auchincloss purchased 87 shares of BP stock in a transaction dated Monday, February 10th. The shares were acquired at an average price of GBX 433 ($5.74) per share, with a total value of £376.71 ($499.15). Insiders have purchased 205 shares of company stock valued at $77,365 over the last 90 days. 0.26% of the stock is owned by insiders.

BP Price Performance

Shares of BP stock traded down GBX 0.45 ($0.01) during trading hours on Friday, reaching GBX 358.95 ($4.76). 36,253,781 shares of the company's stock were exchanged, compared to its average volume of 8,560,774. BP has a 1 year low of GBX 379.70 ($5.03) and a 1 year high of GBX 562.30 ($7.45). The company has a market capitalization of £69.86 billion, a P/E ratio of 26.81, a price-to-earnings-growth ratio of 0.35 and a beta of 0.49. The business has a fifty day moving average of GBX 412.05 and a two-hundred day moving average of GBX 404.94. The company has a quick ratio of 0.62, a current ratio of 1.22 and a debt-to-equity ratio of 105.65.

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.