BP has been the topic of several other research reports. Goldman Sachs Group set a GBX 730 ($9.54) target price on BP and gave the company a buy rating in a research note on Monday, October 1st. UBS Group reiterated a buy rating and set a GBX 610 ($7.97) price target on shares of BP in a report on Friday, July 27th. Kepler Capital Markets reiterated a buy rating on shares of BP in a report on Wednesday, July 4th. Royal Bank of Canada set a GBX 675 ($8.82) price target on BP and gave the company a buy rating in a report on Monday, July 2nd. Finally, Credit Suisse Group set a GBX 640 ($8.36) price target on BP and gave the company a buy rating in a report on Monday, July 30th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company. BP has an average rating of Buy and a consensus target price of GBX 632.73 ($8.27).
LON:BP opened at GBX 566.90 ($7.41) on Tuesday. BP has a fifty-two week low of GBX 436.95 ($5.71) and a fifty-two week high of GBX 536.20 ($7.01).
In related news, insider Brian Gilvary bought 53 shares of BP stock in a transaction that occurred on Wednesday, October 10th. The stock was purchased at an average cost of GBX 579 ($7.57) per share, for a total transaction of £306.87 ($400.98). Over the last 90 days, insiders purchased 169 shares of company stock valued at $94,545.
BP Company Profile
BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).
Featured Article: How to interpret a stock’s beta number
Receive News & Ratings for BP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BP and related companies with MarketBeat.com's FREE daily email newsletter.