BP (LON:BP) Given “Neutral” Rating at Jefferies Financial Group

BP (LON:BP)‘s stock had its “neutral” rating restated by investment analysts at Jefferies Financial Group in a research note issued on Thursday,MarketScreener reports.

BP has been the topic of several other reports. Barclays restated a “buy” rating on shares of BP in a research report on Tuesday. JPMorgan Chase & Co. raised their price target on BP from GBX 460 to GBX 480 and gave the stock a “neutral” rating in a research report on Friday, December 5th. Morgan Stanley upgraded BP to an “overweight” rating in a research report on Wednesday, March 25th. The Goldman Sachs Group restated a “buy” rating on shares of BP in a report on Thursday, March 26th. Finally, Berenberg Bank reduced their target price on shares of BP from GBX 525 to GBX 520 and set a “buy” rating for the company in a research note on Thursday, January 15th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, BP has a consensus rating of “Moderate Buy” and a consensus target price of GBX 493.

BP Price Performance

BP stock opened at GBX 576 on Thursday. The business has a 50 day simple moving average of GBX 497.13 and a 200 day simple moving average of GBX 458.26. The company has a debt-to-equity ratio of 136.71, a current ratio of 1.26 and a quick ratio of 0.62. The company has a market capitalization of £112.11 billion, a PE ratio of 43.03, a price-to-earnings-growth ratio of 0.35 and a beta of 0.06. BP has a one year low of GBX 379.70 and a one year high of GBX 562.30.

Insider Activity at BP

In other BP news, insider Carol Howle bought 73 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The shares were acquired at an average cost of GBX 426 per share, with a total value of £310.98. In the last ninety days, insiders purchased 215 shares of company stock worth $100,858. Insiders own 0.26% of the company’s stock.

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.