Insider Buying: BP (LON:BP) Insider Acquires £310.70 in Stock

BP p.l.c. (LON:BP) insider Carol Howle acquired 65 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was purchased at an average cost of GBX 478 per share, with a total value of £310.70.

Carol Howle also recently made the following trade(s):

• On Monday, January 12th, Carol Howle bought 73 shares of BP stock. The stock was acquired at an average cost of GBX 426 per share, for a total transaction of £310.98.

BP Stock Down 3.1%

BP stock opened at GBX 458 on Friday. The company has a fifty day moving average price of GBX 442.01 and a 200 day moving average price of GBX 435.96. BP p.l.c. has a 12 month low of GBX 379.70 and a 12 month high of GBX 562.30. The company has a market cap of £89.14 billion, a price-to-earnings ratio of 34.21, a price-to-earnings-growth ratio of 0.35 and a beta of 0.49. The company has a debt-to-equity ratio of 105.65, a current ratio of 1.22 and a quick ratio of 0.62.

Wall Street Analyst Weigh In

BP has been the subject of several analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 440 price objective on shares of BP in a research note on Tuesday, January 20th. Berenberg Bank decreased their price target on BP from GBX 525 to GBX 520 and set a “buy” rating on the stock in a research note on Thursday, January 15th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 500 target price on shares of BP in a report on Thursday, November 6th. Citigroup lifted their price target on BP from GBX 475 to GBX 525 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Finally, JPMorgan Chase & Co. upped their target price on BP from GBX 460 to GBX 480 and gave the company a “neutral” rating in a research note on Friday, December 5th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of GBX 493.

BP Company Profile

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. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business.