BP p.l.c. (LON:BP) Given Consensus Rating of “Moderate Buy” by Analysts

BP p.l.c. (LON:BP) has received a consensus rating of “Moderate Buy” from the eleven brokerages that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 635.

Several equities analysts recently commented on the stock. UBS Group reaffirmed a “buy” rating on shares of BP in a report on Tuesday, June 16th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of BP in a report on Friday, June 5th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of BP in a report on Wednesday, April 29th. Jefferies Financial Group reissued a “neutral” rating and set a $6.50 price target on shares of BP in a research report on Thursday, May 21st. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $700.00 price target on shares of BP in a research report on Thursday, June 11th.

BP Price Performance

BP stock opened at GBX 503.80 on Friday. The company has a debt-to-equity ratio of 132.55, a quick ratio of 0.62 and a current ratio of 1.22. BP has a 52 week low of GBX 379.70 and a 52 week high of GBX 562.30. The firm’s fifty day moving average is GBX 549.55 and its 200 day moving average is GBX 502.57. The firm has a market cap of £98.05 billion, a P/E ratio of 37.63, a P/E/G ratio of 0.35 and a beta of 0.06.

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.