BP p.l.c. (LON:BP) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts assign BP an average rating of "Moderate Buy" from 10 covering analysts (seven buy, three hold) with a mean 12‑month price target of GBX 559.
• Insiders have made small purchases recently: Carol Howle bought 65 shares at GBX 478 on Feb 10, and insiders bought 142 shares worth £70,530 in the last 90 days, representing about 0.26% insider ownership.
• BP shares opened at GBX 571.80 with a market capitalization of £111.29 billion, a P/E of 42.71, and a 12‑month range of GBX 379.70–562.30 (50‑day/200‑day moving averages: GBX 536.04 / 475.34).

BP p.l.c. (LON:BP - Get Free Report) has been assigned an average rating of "Moderate Buy" from the ten analysts that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 559.

BP has been the topic of a number of research analyst reports. UBS Group upgraded shares of BP to a "buy" rating in a research note on Thursday, April 16th. Barclays restated a "buy" rating on shares of BP in a research note on Tuesday, April 14th. The Goldman Sachs Group restated a "buy" rating on shares of BP in a research note on Thursday, March 26th. JPMorgan Chase & Co. restated a "neutral" rating on shares of BP in a research note on Tuesday, April 14th. Finally, BNP Paribas Exane upgraded shares of BP from a "neutral" rating to an "outperform" rating in a research note on Friday, April 17th.

Insider Activity

In other BP news, insider Carol Howle acquired 65 shares of the company's stock in a transaction dated Tuesday, February 10th. The shares were purchased at an average cost of GBX 478 per share, for a total transaction of £310.70. Insiders have purchased 142 shares of company stock worth $70,530 in the last 90 days. 0.26% of the stock is currently owned by company insiders.

BP Stock Performance

Shares of LON:BP opened at GBX 571.80 on Friday. The company has a market capitalization of £111.29 billion, a price-to-earnings ratio of 42.71, a PEG ratio of 0.35 and a beta of 0.06. BP has a 12 month low of GBX 379.70 and a 12 month high of GBX 562.30. The firm's 50-day moving average is GBX 536.04 and its 200 day moving average is GBX 475.34. The company has a current ratio of 1.26, a quick ratio of 0.62 and a debt-to-equity ratio of 136.71.

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.

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