BP plc (LON:BP)‘s stock had its “reduce” rating restated by analysts at AlphaValue in a research report issued to clients and investors on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 455 ($7.26) price target on the stock. AlphaValue’s target price would suggest a potential upside of 2.08% from the company’s current price.
BP plc (LON:BP) opened at 443.75 on Thursday. BP plc has a 52 week low of GBX 407.95 and a 52 week high of GBX 485.432. The stock has a 50-day moving average of GBX 444.4 and a 200-day moving average of GBX 455.. The company’s market cap is £84.027 billion.
A number of other firms have also recently commented on BP. Analysts at Nomura reiterated a “neutral” rating on shares of BP plc in a research note to investors on Wednesday. Separately, analysts at Jyske Bank reiterated a “buy” rating on shares of BP plc in a research note to investors on Thursday, October 10th. They now have a GBX 512.40 ($8.18) price target on the stock. Finally, analysts at Barclays reiterated an “underweight” rating on shares of BP plc in a research note to investors on Tuesday, October 8th. They now have a GBX 485 ($7.74) price target on the stock. Five equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 512.40 ($8.18).
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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