BP p.l.c. (LON:BP) Given Average Rating of "Hold" by Brokerages

Shares of BP p.l.c. (LON:BP - Get Free Report) have received an average recommendation of "Hold" from the five research firms that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 494 ($6.57).

Several research firms recently commented on BP. JPMorgan Chase & Co. upgraded BP to a "neutral" rating and lifted their price objective for the stock from GBX 440 ($5.85) to GBX 510 ($6.78) in a report on Thursday, February 20th. Royal Bank of Canada reiterated a "sector perform" rating and issued a GBX 480 ($6.38) price objective on shares of BP in a report on Thursday, February 20th.

Insider Buying and Selling at BP

In related news, insider Murray Auchincloss acquired 113 shares of the business's stock in a transaction that occurred on Thursday, April 10th. The stock was bought at an average cost of GBX 333 ($4.43) per share, for a total transaction of £376.29 ($500.39). Also, insider Hina Nagarajan acquired 5,000 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The shares were bought at an average price of GBX 348 ($4.63) per share, with a total value of £17,400 ($23,138.30). Insiders bought a total of 5,220 shares of company stock worth $1,817,638 in the last three months. 0.26% of the stock is currently owned by company insiders.

BP Stock Performance

LON BP traded up GBX 4.55 ($0.06) during trading hours on Tuesday, hitting GBX 372.80 ($4.96). The company's stock had a trading volume of 22,251,132 shares, compared to its average volume of 8,560,774. BP has a 12 month low of GBX 379.70 ($5.05) and a 12 month high of GBX 562.30 ($7.48). The company's 50 day simple moving average is GBX 384.19 and its two-hundred day simple moving average is GBX 399.83. The company has a market cap of £72.56 billion, a P/E ratio of 27.85, a price-to-earnings-growth ratio of 0.35 and a beta of 0.49. The company has a debt-to-equity ratio of 105.65, a current ratio of 1.22 and a quick ratio of 0.62.

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.