BP’s (BP) Hold Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their hold rating on shares of BP (LON:BP) in a report released on Tuesday, MarketBeat.com reports. The brokerage currently has a GBX 390 ($5.24) target price on the oil and gas exploration company’s stock.

BP Stock Up 3.1%

Shares of LON:BP opened at GBX 430.35 ($5.79) on Tuesday. The company has a quick ratio of 0.62, a current ratio of 1.22 and a debt-to-equity ratio of 105.65. The business has a fifty day moving average of GBX 385.28 and a two-hundred day moving average of GBX 395.67. The stock has a market cap of £83.76 billion, a P/E ratio of 32.15, a PEG ratio of 0.35 and a beta of 0.49. BP has a 52-week low of GBX 379.70 ($5.11) and a 52-week high of GBX 562.30 ($7.56).

Insider Transactions at BP

In related news, insider Murray Auchincloss bought 97 shares of the company’s stock in a transaction on Thursday, July 10th. The stock was bought at an average cost of GBX 385 ($5.18) per share, for a total transaction of £373.45 ($502.22). In the last three months, insiders acquired 214 shares of company stock valued at $80,903. 0.26% of the stock is owned by corporate insiders.

About BP

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.