Trading Report: The BP plc (LON:BP) Given Average Rating of “Hold” by Brokerages

The BP plc (LON:BP) Given Average Rating of “Hold” by Brokerages

Shares of BP plc (LON:BP) have been given an average recommendation of “Hold” by the twenty-six research firms that are currently covering the company. One analyst has rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 438.45 ($5.72).

A number of research firms have weighed in on BP. Goldman Sachs Group Inc. set a GBX 418 ($5.46) target price on BP plc and gave the company a “neutral” rating in a report on Wednesday. Barclays PLC reissued an “overweight” rating and issued a GBX 600 ($7.83) target price on shares of BP plc in a report on Tuesday. HSBC reissued a “buy” rating and issued a GBX 495 ($6.46) target price on shares of BP plc in a report on Wednesday, September 7th. Jefferies Group reissued a “hold” rating and issued a GBX 400 ($5.22) target price on shares of BP plc in a report on Wednesday, September 7th. Finally, Kepler Capital Markets set a GBX 430 ($5.61) target price on BP plc and gave the company a “neutral” rating in a report on Tuesday, September 6th.

In related news, insider Gilvary,Brian acquired 70 shares of the stock in a transaction dated Monday, July 11th. The stock was acquired at an average cost of GBX 457 ($5.97) per share, with a total value of £319.90 ($417.57).

Related posts

Leave a Comment