BP plc (LON:BP)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a report issued on Thursday, AnalystRatings.NET reports. They currently have a GBX 540 ($8.84) price target on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 13.33% from the company’s current price.
A number of other analysts have also recently weighed in on BP. Analysts at Jyske Bank reiterated a “buy” rating on shares of BP plc in a research note to investors on Monday. They now have a GBX 521.80 ($8.54) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of BP plc in a research note to investors on Thursday, November 21st. They now have a GBX 520 ($8.51) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of BP plc in a research note to investors on Wednesday, November 20th. They now have a GBX 490 ($8.02) price target on the stock. Five investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and fourteen have given a buy rating to the company. BP plc currently has a consensus rating of “Hold” and an average price target of GBX 501.55 ($8.21).
BP plc (LON:BP) opened at 476.25 on Thursday. BP plc has a 1-year low of GBX 407.95 and a 1-year high of GBX 494.20. The stock has a 50-day moving average of GBX 474.8 and a 200-day moving average of GBX 458.3. The company’s market cap is £89.636 billion.
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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