BP (LON:BP) Earns “Neutral” Rating from Jefferies Financial Group

BP (LON:BP)‘s stock had its “neutral” rating reaffirmed by equities researchers at Jefferies Financial Group in a research note issued to investors on Thursday,MarketScreener reports.

A number of other research analysts have also commented on the company. Berenberg Bank restated a “buy” rating and issued a GBX 700 price target on shares of BP in a research report on Wednesday, April 29th. Barclays reiterated a “buy” rating on shares of BP in a research note on Friday, April 24th. Royal Bank Of Canada upgraded BP from a “sector perform” rating to an “outperform” rating and set a GBX 700 price target on the stock in a research note on Monday, May 11th. DZ Bank reaffirmed a “buy” rating on shares of BP in a report on Tuesday, April 28th. Finally, BNP Paribas Exane upgraded BP from a “neutral” rating to an “outperform” rating in a research report on Friday, April 17th. Nine research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 635.

BP Stock Performance

BP traded down GBX 5.30 during trading on Thursday, hitting GBX 563.70. The stock had a trading volume of 43,380,557 shares, compared to its average volume of 8,560,774. The firm has a market cap of £109.71 billion, a PE ratio of 42.11, a P/E/G ratio of 0.35 and a beta of 0.06. BP has a 12 month low of GBX 379.70 and a 12 month high of GBX 562.30. The company has a current ratio of 1.22, a quick ratio of 0.62 and a debt-to-equity ratio of 132.55. The company has a 50 day simple moving average of GBX 562.06 and a 200-day simple moving average of GBX 490.96.

Insider Buying and Selling

In other news, insider Carol Howle acquired 62 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was bought at an average price of GBX 510 per share, with a total value of £316.20. Insiders have bought 77 shares of company stock valued at $39,750 in the last quarter. 0.26% of the stock is owned by insiders.

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.