BP p.l.c. (LON:BP) Stock Has Consensus Price Target of GBX 580

by · The Markets Daily

BP p.l.c. (LON:BP – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the eleven analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 605.

Several equities research analysts have weighed in on BP shares. UBS Group reiterated a “buy” rating on shares of BP in a report on Tuesday, June 16th. Royal Bank Of Canada restated a “buy” rating on shares of BP in a research note on Thursday. The Goldman Sachs Group restated a “buy” rating on shares of BP in a report on Wednesday, July 1st. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 520 price objective on shares of BP in a research note on Tuesday, August 25th. Finally, Berenberg Bank increased their target price on shares of BP from GBX 600 to GBX 605 and gave the stock a “buy” rating in a report on Tuesday, August 18th.

Get Our Latest Stock Report on BP

BP Trading Down 2.3%

BP opened at GBX 558.50 on Tuesday. The stock’s fifty day moving average is GBX 540.03 and its two-hundred day moving average is GBX 538.75. The company has a market capitalization of £108.70 billion, a P/E ratio of 41.72, a PEG ratio of 0.35 and a beta of 0.06. BP has a 52 week low of GBX 379.70 and a 52 week high of GBX 562.30. The company has a quick ratio of 0.62, a current ratio of 1.27 and a debt-to-equity ratio of 124.41.

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. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business.

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