Key Points
- Insider purchase: BP insider Murray Auchincloss bought 85 shares on December 10 at GBX 446 each, a total transaction of £379.10.
- BP opened at GBX 443.25 (down 0.7%) with a 1‑year range of GBX 379.70–562.30 and a market capitalization of about £86.27 billion; the stock’s 50‑ and 200‑day moving averages are GBX 443.71 and GBX 415.90 respectively.
- Analyst sentiment: ratings are mixed with an average "Hold" and an average target of GBX 490 — two Buy and three Hold — while some firms (Citigroup, Berenberg) have raised targets up to GBX 525.
BP p.l.c. (LON:BP - Get Free Report) insider Murray Auchincloss acquired 85 shares of the firm's stock in a transaction on Wednesday, December 10th. The shares were bought at an average cost of GBX 446 per share, for a total transaction of £379.10.
BP Trading Down 0.7%
BP opened at GBX 443.25 on Friday. BP p.l.c. has a 1-year low of GBX 379.70 and a 1-year high of GBX 562.30. The stock has a market capitalization of £86.27 billion, a PE ratio of 33.11, a PEG ratio of 0.35 and a beta of 0.49. The company has a current ratio of 1.22, a quick ratio of 0.62 and a debt-to-equity ratio of 105.65. The firm has a 50-day moving average price of GBX 443.71 and a two-hundred day moving average price of GBX 415.90.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of BP from GBX 460 to GBX 480 and gave the stock a "neutral" rating in a research report on Friday, December 5th. Jefferies Financial Group restated a "hold" rating and set a GBX 420 target price on shares of BP in a research report on Monday, November 17th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a GBX 500 price target on shares of BP in a report on Thursday, November 6th. Citigroup lifted their price objective on BP from GBX 475 to GBX 525 and gave the stock a "buy" rating in a research report on Monday, November 3rd. Finally, Berenberg Bank upped their target price on shares of BP from GBX 490 to GBX 525 and gave the company a "buy" rating in a research report on Tuesday, November 4th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of GBX 490.
Check Out Our Latest Stock Analysis on BP
BP Company Profile
(
Get Free Report)
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.
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