Insider Buying: BP p.l.c. (LON:BP) Insider Buys 102 Shares of Stock

BP p.l.c. (LON:BP - Get Free Report) insider Murray Auchincloss purchased 102 shares of BP stock in a transaction on Monday, May 12th. The shares were acquired at an average cost of GBX 372 ($4.94) per share, for a total transaction of £379.44 ($504.04).

Murray Auchincloss also recently made the following trade(s):

• On Thursday, April 10th, Murray Auchincloss purchased 113 shares of BP stock. The shares were acquired at an average cost of GBX 333 ($4.42) per share, for a total transaction of £376.29 ($499.85).

BP Stock Down 1.8%

LON:BP traded down GBX 6.73 ($0.09) on Friday, reaching GBX 368.25 ($4.89). The stock had a trading volume of 35,023,493 shares, compared to its average volume of 8,560,774. The company has a current ratio of 1.22, a quick ratio of 0.62 and a debt-to-equity ratio of 105.65. The company has a 50-day moving average of GBX 385.19 and a 200 day moving average of GBX 399.72. The stock has a market cap of £71.67 billion, a P/E ratio of 27.51, a price-to-earnings-growth ratio of 0.35 and a beta of 0.49. BP p.l.c. has a 12-month low of GBX 379.70 ($5.04) and a 12-month high of GBX 562.30 ($7.47).

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Royal Bank of Canada reissued a "sector perform" rating and set a GBX 480 ($6.38) price target on shares of BP in a research note on Thursday, February 20th. JPMorgan Chase & Co. raised BP to a "neutral" rating and increased their price target for the stock from GBX 440 ($5.84) to GBX 510 ($6.77) in a research note on Thursday, February 20th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, BP has an average rating of "Hold" and an average target price of GBX 494 ($6.56).

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.