BP plc (LON:BP) has been assigned a GBX 470 ($6.08) target price by stock analysts at Jefferies Group LLC in a note issued to investors on Tuesday. The brokerage presently has a “neutral” rating on the oil and gas exploration company’s stock. Jefferies Group LLC’s price objective indicates a potential upside of 5.50% from the company’s current price.

A number of other research analysts also recently issued reports on BP. Royal Bank Of Canada reissued a “sector performer” rating and issued a GBX 470 ($6.08) price objective on shares of BP plc in a research note on Tuesday, May 2nd. S&P Global set a GBX 480 ($6.21) price target on BP plc and gave the stock a “neutral” rating in a research note on Tuesday, May 2nd. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 505 ($6.53) price target on shares of BP plc in a research note on Wednesday, May 3rd. Barclays PLC reaffirmed an “overweight” rating and set a GBX 625 ($8.08) price target on shares of BP plc in a research note on Wednesday, May 3rd. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a GBX 480 ($6.21) price target on shares of BP plc in a research note on Wednesday, May 3rd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 506.05 ($6.54).

BP plc (BP) opened at 440.00 on Tuesday. The stock’s market cap is GBX 86.62 billion. BP plc has a 1-year low of GBX 411.60 and a 1-year high of GBX 521.20. The firm’s 50-day moving average price is GBX 448.94 and its 200 day moving average price is GBX 456.61.

TRADEMARK VIOLATION WARNING: This story was posted by Watch List News and is owned by of Watch List News. If you are reading this story on another publication, it was copied illegally and reposted in violation of US and international copyright legislation. The legal version of this story can be read at https://www.watchlistnews.com/bp-plc-bp-given-a-gbx-470-price-target-by-jefferies-group-llc-analysts/1529353.html.

In other news, insider Brian Gilvary acquired 70 shares of BP plc stock in a transaction on Monday, July 10th. The stock was acquired at an average cost of GBX 444 ($5.74) per share, with a total value of £310.80 ($401.97). Over the last three months, insiders have acquired 206 shares of company stock valued at $94,796.

About BP plc

BP p.l.c. is an integrated oil and gas company. The Company owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. The Company’s segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is engaged in oil and natural gas exploration, field development and production, as well as midstream transportation, storage and processing.

Analyst Recommendations for BP plc (LON:BP)

Receive News & Ratings for BP plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BP plc and related companies with Analyst Ratings Network's FREE daily email newsletter.