BP plc (BP) PT Set at GBX 520 by Goldman Sachs Group, Inc. (The)
BP plc (LON:BP) received a GBX 520 ($6.86) target price from stock analysts at Goldman Sachs Group, Inc. (The) in a note issued to investors on Wednesday. The brokerage presently has a “neutral” rating on the oil and gas exploration company’s stock.
BP has been the topic of a number of other research reports. Credit Suisse Group restated an “outperform” rating and set a GBX 530 ($6.99) price target on shares of BP plc in a research note on Friday, September 1st. Barclays PLC restated an “overweight” rating and set a GBX 675 ($8.91) price target on shares of BP plc in a research note on Thursday, October 26th. Jefferies Group LLC boosted their price target on BP plc from GBX 470 ($6.20) to GBX 500 ($6.60) and gave the stock a “hold” rating in a research note on Thursday, October 19th. UBS AG set a GBX 525 ($6.93) price target on BP plc and gave the stock a “buy” rating in a research note on Tuesday, July 4th. Finally, Royal Bank Of Canada set a GBX 550 ($7.26) price target on BP plc and gave the stock a “neutral” rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company. BP plc currently has an average rating of “Buy” and an average price target of GBX 535.25 ($7.06).
TRADEMARK VIOLATION NOTICE: This story was published by Watch List News and is the sole property of of Watch List News. If you are viewing this story on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this story can be accessed at https://www.watchlistnews.com/bp-plc-bp-pt-set-at-gbx-520-by-goldman-sachs-group-inc-the/1675095.html.
In other news, insider Brian Gilvary acquired 70 shares of BP plc stock in a transaction that occurred on Monday, September 11th. The stock was purchased at an average cost of GBX 446 ($5.89) per share, with a total value of £312.20 ($411.98). Over the last three months, insiders purchased 201 shares of company stock valued at $93,730.
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.
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.