Barclays PLC reiterated their overweight rating on shares of BP plc (LON:BP) in a research report released on Monday, July 31st, StockTargetPrices.com reports.
Several other equities research analysts have also issued reports on BP. Deutsche Bank AG upgraded shares of BP plc to a buy rating and set a GBX 505 ($6.56) target price for the company in a research report on Tuesday, April 4th. UBS AG set a GBX 525 ($6.82) target price on shares of BP plc and gave the company a buy rating in a research report on Tuesday, April 4th. Goldman Sachs Group, Inc. (The) reiterated a neutral rating and set a GBX 480 ($6.23) target price on shares of BP plc in a research report on Wednesday, April 5th. Jefferies Group LLC reiterated a hold rating on shares of BP plc in a research report on Thursday, April 6th. Finally, HSBC Holdings plc reiterated a buy rating and set a GBX 565 ($7.33) target price on shares of BP plc in a research report on Thursday, April 13th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of GBX 506.50 ($6.58).
BP plc (LON BP) opened at 440.00 on Monday. BP plc has a 52 week low of GBX 411.60 and a 52 week high of GBX 521.20. The company has a 50-day moving average of GBX 449.47 and a 200 day moving average of GBX 457.84. The company’s market cap is GBX 86.85 billion.
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The company also recently declared a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, August 10th will be paid a $0.10 dividend. This represents a yield of 1.64%. The ex-dividend date of this dividend is Thursday, August 10th.
In related news, insider Brian Gilvary bought 68 shares of the stock in a transaction on Thursday, August 10th. The shares were acquired at an average price of GBX 469 ($6.09) per share, for a total transaction of £318.92 ($414.02). Insiders have acquired a total of 206 shares of company stock worth $94,796 in the last 90 days.
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.
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