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

Shares of BP p.l.c. (LON:BP) have been given a consensus rating of “Moderate Buy” by the eleven brokerages that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is GBX 635.

Several research firms recently commented on BP. BNP Paribas Exane upgraded shares of BP from a “neutral” rating to an “outperform” rating in a report on Friday, April 17th. Royal Bank Of Canada reiterated an “outperform” rating on shares of BP in a research note on Thursday. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BP in a research note on Friday, June 5th. DZ Bank reiterated a “buy” rating on shares of BP in a research note on Tuesday, April 28th. Finally, Morgan Stanley upgraded shares of BP to an “overweight” rating in a research note on Wednesday, March 25th.

BP Stock Performance

BP stock opened at GBX 534.50 on Friday. The company has a debt-to-equity ratio of 132.55, a quick ratio of 0.62 and a current ratio of 1.22. The stock has a market cap of £104.03 billion, a P/E ratio of 39.93, a P/E/G ratio of 0.35 and a beta of 0.06. The firm has a 50 day simple moving average of GBX 557.30 and a 200 day simple moving average of GBX 500.44. BP has a 52 week low of GBX 379.70 and a 52 week high of GBX 562.30.

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. 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.