BP plc Receives Buy Rating from Deutsche Bank (BP)
BP plc (LON:BP)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank in a report issued on Monday, American Banking & Market News reports.
BP has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of BP plc (LON:BP) in a research note to investors on Monday. Separately, analysts at Jyske Bank reiterated a “buy” rating on shares of BP plc (LON:BP) in a research note to investors on Monday. They now have a GBX 500 ($7.75) price target on the stock. Finally, analysts at RBC Capital reiterated a “sector performer” rating on shares of BP plc (LON:BP) in a research note to investors on Friday.
Five equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 511.53 ($7.93).
Shares of BP plc (LON:BP) opened at 442.50 on Monday. BP plc has a 52 week low of GBX 407.95 and a 52 week high of GBX 486.75. The stock’s 50-day moving average is GBX 453.1 and its 200-day moving average is GBX 456.3. The company’s market cap is £83.790 billion.
BP p.l.c. (LON:BP) is an integrated oil and gas company.
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