Jefferies Financial Group restated their hold rating on shares of BP (LON:BP – Free Report) in a report issued on Wednesday morning,Digital Look reports. The brokerage currently has a GBX 520 target price on the oil and gas exploration company’s stock.
Other equities analysts have also recently issued reports about the company. Berenberg Bank boosted their target price on BP from GBX 600 to GBX 605 and gave the company a “buy” rating in a research note on Tuesday, August 18th. JPMorgan Chase & Co. upped their price target on BP from GBX 550 to GBX 675 and gave the stock an “overweight” rating in a research note on Wednesday, September 23rd. Royal Bank Of Canada restated a “buy” rating on shares of BP in a research note on Thursday, September 24th. The Goldman Sachs Group restated a “buy” rating on shares of BP in a research note on Wednesday, July 1st. Finally, UBS Group restated a “buy” rating on shares of BP in a research report on Monday, September 28th. Ten equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 605.
Read Our Latest Stock Analysis on BP
BP Trading Up 0.6%
Shares of BP opened at GBX 614.10 on Wednesday. The firm has a 50 day moving average price of GBX 551.92 and a 200-day moving average price of GBX 542.19. The company has a debt-to-equity ratio of 124.41, a quick ratio of 0.62 and a current ratio of 1.27. BP has a fifty-two week low of GBX 379.70 and a fifty-two week high of GBX 562.30. The firm has a market cap of £119.52 billion, a price-to-earnings ratio of 45.87, a PEG ratio of 0.35 and a beta of 0.06.
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. 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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