BP plc (LON:BP)‘s stock had its “buy” rating restated by Bank of America Corp. in a research note issued on Friday, American Banking & Market News reports.
BP plc (LON:BP) traded down 0.08% on Friday, hitting GBX 442.90. BP plc has a 52-week low of GBX 407.95 and a 52-week high of GBX 485.432. The stock’s 50-day moving average is currently GBX 440.2. The company’s market cap is £83.866 billion.
A number of other firms have also recently commented on BP. Analysts at Jyske Bank reiterated a “buy” rating on shares of BP plc in a research note to investors on Tuesday, August 6th. They now have a GBX 530 ($8.22) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector performer” rating on shares of BP plc in a research note to investors on Wednesday, July 31st. Finally, analysts at Morgan Stanley reiterated an “underweight” rating on shares of BP plc in a research note to investors on Wednesday, July 31st.
Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have issued a buy rating to the company. BP plc currently has an average rating of “Hold” and a consensus target price of GBX 516.97 ($8.02).
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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