BP plc (LON:BP) had its price target reduced by research analysts at Deutsche Bank from GBX 450 ($6.41) to GBX 445 ($6.34) in a research report issued on Monday, Marketbeat.com reports. The firm presently has a “buy” rating on the oil and gas exploration company’s stock. Deutsche Bank’s price target points to a potential upside of 18.32% from the stock’s previous close.

Several other analysts also recently weighed in on BP. Canaccord Genuity restated a “buy” rating and issued a GBX 430 ($6.13) price objective on shares of BP plc in a report on Tuesday, October 6th. Societe Generale set a GBX 370 ($5.27) price objective on BP plc and gave the company a “neutral” rating in a report on Tuesday, October 6th. Barclays restated an “overweight” rating and issued a GBX 600 ($8.55) price objective on shares of BP plc in a report on Wednesday, October 7th. Sanford C. Bernstein restated an “outperform” rating and issued a GBX 450 ($6.41) price objective on shares of BP plc in a report on Wednesday, October 7th. Finally, Jefferies Group restated a “hold” rating and issued a GBX 360 ($5.13) price objective on shares of BP plc in a report on Monday, October 12th. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and ten have issued a buy rating to the company’s stock. BP plc currently has an average rating of “Hold” and a consensus price target of GBX 403.92 ($5.75).

In other news, insider Sawers,John acquired 13,528 shares of BP plc stock in a transaction that occurred on Thursday, December 3rd. The stock was purchased at an average cost of GBX 369 ($5.26) per share, with a total value of £49,918.32 ($71,118.85). Also, insider Gilvary,Brian acquired 95 shares of BP plc stock in a transaction that occurred on Monday, January 11th. The stock was purchased at an average cost of GBX 329 ($4.69) per share, with a total value of £312.55 ($445.29).

BP plc (LON:BP) opened at 379.8000 on Monday. The stock has a 50 day moving average of GBX 345.45 and a 200 day moving average of GBX 365.85. BP plc has a 52 week low of GBX 319.90 and a 52 week high of GBX 499.25. The company’s market cap is GBX 69.69 billion.

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.

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