BP plc (LON:BP) has been assigned a GBX 515 ($6.62) price objective by analysts at Deutsche Bank AG in a report issued on Wednesday, May 24th. The brokerage presently has a “buy” rating on the oil and gas exploration company’s stock. Deutsche Bank AG’s price target would suggest a potential upside of 10.95% from the stock’s current price.
A number of other research analysts have also issued reports on BP. Barclays PLC reissued an “overweight” rating and set a GBX 625 ($8.03) target price on shares of BP plc in a research note on Wednesday, January 25th. Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of BP plc in a research note on Monday, January 30th. Kepler Capital Markets reaffirmed a “hold” rating and issued a GBX 520 ($6.68) price target on shares of BP plc in a research note on Tuesday, January 31st.
Societe Generale set a GBX 580 ($7.45) price target on shares of BP plc and gave the stock a “buy” rating in a research note on Tuesday, January 31st. Finally, HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 590 ($7.58) price target on shares of BP plc in a research note on Wednesday, February 1st. Eleven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of GBX 517.05 ($6.64).
BP plc (LON:BP) opened at 464.90 on Wednesday. BP plc has a 1-year low of GBX 355.00 and a 1-year high of GBX 521.20. The firm’s 50 day moving average price is GBX 460.36 and its 200-day moving average price is GBX 469.94. The stock’s market cap is GBX 91.42 billion.
The company also recently declared a dividend, which will be paid on Friday, June 23rd. Stockholders of record on Thursday, May 11th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, May 11th. This represents a dividend yield of 1.71%.
In other news, insider Brian Gilvary purchased 68 shares of the business’s stock in a transaction dated Wednesday, May 10th. The shares were acquired at an average price of GBX 456 ($5.86) per share, for a total transaction of £310.08 ($398.30).
About BP plc
BP p.l.c. is an integrated oil and gas company. The Company owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. The Company’s segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is engaged in oil and natural gas exploration, field development and production, as well as midstream transportation, storage and processing.
By: Francis Steltz (Stock Observer).
Photo: BP Global.
Review: Emerging Market Formulations & Research Unit, Flagship Records.
BP plc (LON:BP) opened at 464.90 on Wednesday. BP plc has a 1-year low of GBX 355.00 and a 1-year high of GBX 521.20. The firm’s 50 day moving average price is GBX 460.36 and its 200-day moving average price is GBX 469.94. The stock’s market cap is GBX 91.42 billion.
The company also recently declared a dividend, which will be paid on Friday, June 23rd. Stockholders of record on Thursday, May 11th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, May 11th. This represents a dividend yield of 1.71%.
In other news, insider Brian Gilvary purchased 68 shares of the business’s stock in a transaction dated Wednesday, May 10th. The shares were acquired at an average price of GBX 456 ($5.86) per share, for a total transaction of £310.08 ($398.30).
About BP plc
BP p.l.c. is an integrated oil and gas company. The Company owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. The Company’s segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is engaged in oil and natural gas exploration, field development and production, as well as midstream transportation, storage and processing.
By: Francis Steltz (Stock Observer).
Photo: BP Global.
Review: Emerging Market Formulations & Research Unit, Flagship Records.