BP Prudhoe Bay Royalty Trust (LON:BPT)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 567 ($7.41) and last traded at GBX 548.01 ($7.16), with a volume of 19607 shares trading hands. The stock had previously closed at GBX 547 ($7.15).
Separately, Citigroup assumed coverage on shares of BP Prudhoe Bay Royalty Trust in a research note on Tuesday, August 31st. They issued a “neutral” rating and a GBX 513 ($6.70) price target on the stock.
The company has a market cap of £4.50 billion and a P/E ratio of 0.43.
The BP Prudhoe Bay Royalty Trust is a United States oil and natural gas royalty trust based in New York, New York.
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