BP p.l.c. (LON:BP) Given Consensus Rating of “Hold” by Analysts

Shares of BP p.l.c. (LON:BP) have earned a consensus rating of “Hold” from the five research firms that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 494 ($6.56).

BP has been the topic of several recent analyst reports. JPMorgan Chase & Co. upgraded shares of BP to a “neutral” rating and boosted their price objective for the stock from GBX 440 ($5.84) to GBX 510 ($6.77) in a research note on Thursday, February 20th. Royal Bank of Canada reiterated a “sector perform” rating and set a GBX 480 ($6.38) price target 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 102 shares of the firm’s stock in a transaction that occurred on Monday, May 12th. The stock was bought at an average cost of GBX 372 ($4.94) per share, with a total value of £379.44 ($504.04). Also, insider Hina Nagarajan purchased 5,000 shares of BP stock in a transaction that occurred on Friday, May 2nd. The shares were bought at an average price of GBX 348 ($4.62) per share, with a total value of £17,400 ($23,113.71). Over the last quarter, insiders bought 5,220 shares of company stock valued at $1,817,638. Company insiders own 0.26% of the company’s stock.

BP Trading Up 1.2%

LON BP opened at GBX 372.80 ($4.95) on Tuesday. BP has a 52 week low of GBX 379.70 ($5.04) and a 52 week high of GBX 562.30 ($7.47). 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’s 50 day moving average price is GBX 384.19 and its two-hundred day moving average price is GBX 399.65. The stock has a market capitalization of £72.56 billion, a price-to-earnings ratio of 27.85, a PEG ratio of 0.35 and a beta of 0.49.

BP Company Profile

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.