BP p.l.c. (LON:BP) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of BP p.l.c. (LON:BP) have received a consensus rating of “Moderate Buy” from the eleven analysts that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 635.

Several equities analysts recently weighed in on the stock. Barclays reissued a “buy” rating on shares of BP in a research note on Tuesday, May 26th. Morgan Stanley raised shares of BP to an “overweight” rating in a research note on Wednesday, March 25th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of BP in a research note on Friday, June 5th. Berenberg Bank reissued a “buy” rating and issued a GBX 700 target price on shares of BP in a research note on Wednesday, April 29th. Finally, BNP Paribas Exane raised shares of BP from a “neutral” rating to an “outperform” rating in a research note on Friday, April 17th.

BP Price Performance

LON:BP opened at GBX 534.50 on Friday. BP has a 1-year low of GBX 379.70 and a 1-year high of GBX 562.30. The company has a current ratio of 1.22, a quick ratio of 0.62 and a debt-to-equity ratio of 132.55. The firm has a fifty day simple moving average of GBX 557.30 and a 200 day simple moving average of GBX 500.44. The stock has a market capitalization of £104.03 billion, a PE ratio of 39.93, a P/E/G ratio of 0.35 and a beta of 0.06.

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. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business.