BP p.l.c. (LON:BP) Receives GBX 632 Average PT from Analysts

Shares of BP p.l.c. (LON:BP) have been assigned a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 632 ($7.92).

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. reissued an “underweight” rating on shares of BP in a research report on Tuesday, September 24th. Bank of America reaffirmed a “buy” rating and issued a GBX 500 ($6.27) target price on shares of BP in a research note on Wednesday, September 4th. Finally, Berenberg Bank reissued a “hold” rating and set a GBX 510 ($6.39) price target on shares of BP in a research note on Monday, August 5th.

Insider Transactions at BP

In related news, insider Murray Auchincloss purchased 100 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was acquired at an average price of GBX 373 ($4.68) per share, with a total value of £373 ($467.59). Also, insider Hina Nagarajan purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The stock was bought at an average price of GBX 407 ($5.10) per share, with a total value of £20,350 ($25,510.84). Over the last three months, insiders have bought 5,113 shares of company stock valued at $2,077,586. Corporate insiders own 0.26% of the company’s stock.

BP Trading Up 1.1 %

Shares of BP stock opened at GBX 392.70 ($4.92) on Tuesday. BP has a 1 year low of GBX 379.70 ($4.76) and a 1 year high of GBX 562.30 ($7.05). The company has a debt-to-equity ratio of 79.91, a current ratio of 1.24 and a quick ratio of 0.62. The business has a 50 day moving average price of GBX 395.55 and a 200 day moving average price of GBX 436.10. The company has a market capitalization of £62.24 billion, a P/E ratio of 1,190.00, a P/E/G ratio of 0.35 and a beta of 0.49.

BP Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 7th will be issued a $0.08 dividend. This represents a yield of 1.54%. The ex-dividend date is Thursday, November 7th. BP’s dividend payout ratio is presently 6,969.70%.

BP Company Profile

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.