BP plc (LON:BP) had its price target hoisted by Kepler Capital Markets from GBX 485 ($6.40) to GBX 505 ($6.66) in a research report released on Wednesday. Kepler Capital Markets currently has a hold rating on the oil and gas exploration company’s stock.

Other analysts also recently issued reports about the company. Canaccord Genuity reduced their price objective on BP plc from GBX 525 ($6.93) to GBX 510 ($6.73) and set a buy rating on the stock in a research report on Friday, July 21st. HSBC Holdings plc restated a buy rating and issued a GBX 565 ($7.46) price objective on shares of BP plc in a research report on Wednesday, July 19th. J P Morgan Chase & Co set a GBX 530 ($6.99) price objective on BP plc and gave the company a buy rating in a research report on Wednesday, July 5th. Deutsche Bank AG reduced their price objective on BP plc from GBX 515 ($6.80) to GBX 505 ($6.66) and set a buy rating on the stock in a research report on Wednesday, July 5th. Finally, UBS Group AG (USA) set a GBX 525 ($6.93) price objective on BP plc and gave the company a buy rating in a research report on Tuesday, July 4th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of GBX 535.25 ($7.06).

BP plc (LON:BP) traded up GBX 2.80 ($0.04) on Wednesday, hitting GBX 516.80 ($6.82). 24,993,131 shares of the company were exchanged.

TRADEMARK VIOLATION WARNING: This report was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of United States and international copyright & trademark law. The legal version of this report can be viewed at https://www.watchlistnews.com/kepler-capital-markets-boosts-bp-plc-bp-price-target-to-gbx-505/1678198.html.

The company also recently declared a dividend, which will be paid on Thursday, December 21st. Shareholders of record on Thursday, November 9th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, November 9th. This represents a yield of 1.47%.

In other news, insider Brian Gilvary purchased 70 shares of the company’s stock in a transaction on Monday, September 11th. The stock was bought at an average cost of GBX 446 ($5.89) per share, for a total transaction of £312.20 ($411.98). Insiders have acquired 201 shares of company stock valued at $93,730 over the last 90 days.

BP plc Company Profile

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.