Insider Buying: BP p.l.c. (LON:BP) Insider Buys 113 Shares of Stock

BP p.l.c. (LON:BP - Get Free Report) insider Murray Auchincloss acquired 113 shares of the business's stock in a transaction that occurred on Thursday, April 10th. The stock was acquired at an average cost of GBX 333 ($4.39) per share, with a total value of £376.29 ($496.16).

Murray Auchincloss also recently made the following trade(s):

• On Monday, February 10th, Murray Auchincloss acquired 87 shares of BP stock. The shares were bought at an average price of GBX 433 ($5.71) per share, for a total transaction of £376.71 ($496.72).

BP Price Performance

BP stock traded down GBX 9.90 ($0.13) during midday trading on Monday, reaching GBX 331.70 ($4.37). The company had a trading volume of 60,137,919 shares, compared to its average volume of 8,560,774. The firm has a 50-day moving average price of GBX 425.10 and a 200-day moving average price of GBX 407.27. The company has a market capitalization of £64.56 billion, a P/E ratio of 24.78, a P/E/G ratio of 0.35 and a beta of 0.49. BP p.l.c. has a 1 year low of GBX 379.70 ($5.01) and a 1 year high of GBX 562.30 ($7.41). The company has a debt-to-equity ratio of 105.65, a current ratio of 1.22 and a quick ratio of 0.62.

Analyst Ratings Changes

A number of research firms have weighed in on BP. JPMorgan Chase & Co. raised BP to a "neutral" rating and lifted their target price for the company from GBX 440 ($5.80) to GBX 510 ($6.72) in a report on Thursday, February 20th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a GBX 480 ($6.33) price objective on shares of BP in a research note on Thursday, February 20th. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a GBX 540 ($7.12) target price on shares of BP in a research note on Monday, December 16th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, BP presently has an average rating of "Moderate Buy" and a consensus price target of GBX 494 ($6.51).

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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.