BP plc (BP) Given Neutral Rating at Nomura
Nomura restated their neutral rating on shares of BP plc (LON:BP) in a research report released on Tuesday morning, Marketbeat reports. Nomura currently has a GBX 350 ($5.04) target price on the oil and gas exploration company’s stock.
In other BP plc news, insider Gilvary,Brian purchased 80 shares of the business’s stock in a transaction on Tuesday, November 10th. The stock was acquired at an average cost of GBX 383 ($5.51) per share, for a total transaction of £306.40 ($440.80). Also, insider Sawers,John purchased 13,528 shares of the business’s stock in a transaction on Thursday, December 3rd. The shares were acquired at an average price of GBX 369 ($5.31) per share, with a total value of £49,918.32 ($71,814.59).
Other analysts have also issued reports about the company. AlphaValue reissued an add rating and set a GBX 417 ($6.00) price objective on shares of BP plc in a report on Tuesday, October 20th. HSBC reissued a buy rating and set a GBX 410 ($5.90) price objective on shares of BP plc in a report on Thursday, October 15th. Deutsche Bank reissued a buy rating and set a GBX 450 ($6.47) price objective on shares of BP plc in a report on Friday, October 9th. Canaccord Genuity reissued a buy rating and set a GBX 430 ($6.19) price objective on shares of BP plc in a report on Tuesday, October 6th. Finally, Liberum Capital reissued a buy rating and set a GBX 405 ($5.83) price objective on shares of BP plc in a report on Tuesday, October 27th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of GBX 399.42 ($5.75).
BP plc (LON:BP) opened at 335.10 on Tuesday. The company’s market cap is GBX 61.49 billion. The firm’s 50-day moving average price is GBX 347.61 and its 200-day moving average price is GBX 363.99. BP plc has a 1-year low of GBX 319.90 and a 1-year high of GBX 499.25.
BP p.l.c. (LON:BP) is an integrated oil and gas company. The Company provides its customers with fuel for transportation, energy for heat and light, lubricants and the petrochemicals products used to make everyday items, including paints, clothes and packaging. The Company operates in three business segments: Upstream, Downstream and Rosneft. The Upstream segment’s activities include oil and natural gas exploration, field development and production; midstream transportation, storage and processing, and the marketing and trading of natural gas, including liquefied natural gas (LNG), together with power and natural gas liquids (NGLs). The Company’s Downstream segment’s activities include the refining, manufacturing, marketing, transportation, and supply and trading of crude oil, petroleum, petrochemicals products and related services to wholesale and retail customers. BP’s interest in Rosneft, an oil company in Russia, is reported as a separate operating segment.
Receive News & Ratings for BP plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BP plc and related companies with MarketBeat.com's FREE daily email newsletter.






