Citigroup Inc. reiterated their neutral rating on shares of BP plc (LON:BP) in a research report sent to investors on Wednesday morning, Analyst Ratings Network reports.
Citigroup Inc. has also updated their ratings on a number of other stocks in the last week. The firm downgraded shares of Telefonica SA from a neutral rating to a sell rating. Also, Citigroup Inc. downgraded shares of Mobile Telesystems from a buy rating to a neutral rating. Their analysts now have a $23.10 price target on that stock, up previously from $21.50. Finally, Citigroup Inc. upgraded shares of EV Energy from a neutral rating to a buy rating. Citigroup Inc. now has a $43.00 price target on that stock, down previously from $48.00.
BP plc (LON:BP) traded up 0.57% on Wednesday, hitting GBX 484.75. The stock had a trading volume of 19,292,224 shares. BP plc has a 1-year low of GBX 407.95 and a 1-year high of GBX 490.20. The stock’s 50-day moving average is GBX 445.1 and its 200-day moving average is GBX 454.4. The company’s market cap is £91.468 billion.
A number of other analysts have also recently weighed in on BP. Analysts at Beaufort Securities downgraded shares of BP plc to a hold rating in a research note to investors on Wednesday. Separately, analysts at Bank of America Corp. reiterated a buy rating on shares of BP plc in a research note to investors on Wednesday. Finally, analysts at Societe Generale upgraded shares of BP plc to a buy rating in a research note to investors on Wednesday. They now have a GBX 530 ($8.57) price target on the stock. Five equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 515.03 ($8.33).
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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