BP PLC (NYSE:BP) was upgraded by stock analysts at Howard Weil from a “sector perform” rating to an “outperform” rating in a report issued on Wednesday, American Banking News reports.
A number of other analysts have also recently weighed in on BP. Analysts at Zacks reiterated a “neutral” rating on shares of BP PLC in a research note to investors on Tuesday. They now have a $50.00 price target on the stock. Separately, analysts at UBS AG downgraded shares of BP PLC from a “buy” rating to a “neutral” rating in a research note to investors on Friday, December 13th. Finally, analysts at HSBC initiated coverage on shares of BP PLC in a research note to investors on Friday, December 6th. They set an “overweight” rating on the stock. Ten investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $50.00.
BP PLC (NYSE:BP) opened at 48.55 on Wednesday. BP PLC has a 52 week low of $39.99 and a 52 week high of $48.65. The stock has a 50-day moving average of $47.11 and a 200-day moving average of $43.78. The company has a market cap of $152.3 billion and a P/E ratio of 6.33.
BP PLC (NYSE:BP) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $1.17 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.00 by $0.17. During the same quarter last year, the company posted $0.27 earnings per share. Analysts expect that BP PLC will post $4.50 EPS for the current fiscal year.
BP p.l.c. (NYSE:BP) is an international oil and gas company.
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