BP plc Receives “Hold” Rating from Deutsche Bank (BP)
Deutsche Bank reissued their hold rating on shares of BP plc (LON:BP) in a research report released on Thursday morning. Deutsche Bank currently has a GBX 500 ($7.80) price objective on the stock.
Shares of BP plc (LON:BP) opened at 417.75 on Thursday. BP plc has a 52-week low of GBX 405.35 and a 52-week high of GBX 526.80. The stock’s 50-day moving average is GBX 434.8 and its 200-day moving average is GBX 475.3. The company’s market cap is £76.496 billion.
Several other analysts have also recently commented on the stock. Analysts at Societe Generale reiterated a hold rating on shares of BP plc in a research note on Monday, November 24th. They now have a GBX 460 ($7.18) price target on the stock. Separately, analysts at Liberum Capital reiterated a hold rating on shares of BP plc in a research note on Friday, November 21st. They now have a GBX 455 ($7.10) price target on the stock. Finally, analysts at AlphaValue reiterated a reduce rating on shares of BP plc in a research note on Thursday, November 20th. They now have a GBX 439 ($6.85) price target on the stock. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of GBX 480.42 ($7.50).
- Ticker Report
- Published on:
- December 1, 2014
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