Goldman Sachs Group Inc. set a GBX 418 ($5.46) price target on BP plc (LON:BP) in a research report released on Wednesday. The firm currently has a a neutral rating on the oil and gas exploration company’s stock.
Other research analysts have also recently issued reports about the stock. Barclays PLC restated an overweight rating and issued a GBX 550 ($7.18) price objective on shares of BP plc in a research report on Tuesday, June 14th. Canaccord Genuity reiterated a buy rating and set a GBX 520 ($6.79) price target on shares of BP plc in a research report on Wednesday, July 27th. Beaufort Securities reiterated a buy rating on shares of BP plc in a research report on Wednesday, July 27th. Citigroup Inc. upgraded shares of BP plc to a buy rating and increased their price target for the company from GBX 370 ($4.83) to GBX 410 ($5.35) in a research report on Thursday, June 16th. Finally, HSBC set a GBX 505 ($6.59) price target on shares of BP plc and gave the company a buy rating in a research report on Wednesday, July 13th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of GBX 441.44 ($5.76).
Shares of BP plc (LON:BP) opened at 482.9494 on Wednesday. The stock has a 50 day moving average of GBX 436.20 and a 200 day moving average of GBX 401.00. The company’s market cap is GBX 90.68 billion. BP plc has a 1-year low of GBX 249.44 and a 1-year high of GBX 486.65.