BP p.l.c. (LON:BP) Given Consensus Rating of “Hold” by Brokerages

BP p.l.c. (LON:BP) has earned a consensus rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 632 ($7.92).

BP has been the topic of a number of research reports. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of BP in a research report on Tuesday, September 24th. Bank of America restated a “buy” rating and set a GBX 500 ($6.27) price objective on shares of BP in a research note on Wednesday, September 4th. Finally, Berenberg Bank reiterated a “hold” rating and issued a GBX 510 ($6.39) target price on shares of BP in a research note on Monday, August 5th.

Insider Buying and Selling at BP

In related news, insider Murray Auchincloss acquired 100 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were acquired at an average price of GBX 373 ($4.68) per share, for a total transaction of £373 ($467.59). Also, insider Hina Nagarajan bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The shares were purchased at an average cost of GBX 407 ($5.10) per share, for a total transaction of £20,350 ($25,510.84). Insiders have acquired 5,113 shares of company stock valued at $2,077,586 in the last quarter. Corporate insiders own 0.26% of the company’s stock.

BP Stock Performance

Shares of LON BP opened at GBX 392.70 ($4.92) on Tuesday. The company has a quick ratio of 0.62, a current ratio of 1.24 and a debt-to-equity ratio of 79.91. The firm’s 50-day moving average price is GBX 395.55 and its two-hundred day moving average price is GBX 436.10. BP has a 52-week low of GBX 379.70 ($4.76) and a 52-week high of GBX 562.30 ($7.05). The stock has a market capitalization of £62.24 billion, a P/E ratio of 1,190.00, a P/E/G ratio of 0.35 and a beta of 0.49.

BP Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, November 7th will be issued a $0.08 dividend. This represents a yield of 1.54%. The ex-dividend date of this dividend is Thursday, November 7th. BP’s dividend payout ratio (DPR) is 6,969.70%.

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.