BP p.l.c. (NYSE:BP)'s stock had its "hold" rating reaffirmed by research analysts at Jefferies Group LLC in a research report issued to clients and investors on Friday, July 14th. The stock has a 50-day moving average price of GBX 5.65 and a 200-day moving average price of GBX 8.61. The shares were bought at an average cost of GBX 444 ($5.78) per share, with a total value of £310.80 ($404.90). HSBC Holdings plc reissued a buy rating and set a GBX 565 ($7.36) price objective on shares of BP plc in a research report on Wednesday, July 19th.
Among 29 analysts covering Rio Tinto PLC (LON:RIO), 18 have Buy rating, 2 Sell and 9 Hold. They now have a $34.90 price target on the stock, up previously from $35.04. Park National Corp OH boosted its position in shares of BP p.l.c.by 15.5% in the first quarter. Tullow Oil plc (LON:TLW) has 0.00% since July 28, 2016 and is.
Trading was light with 668K shares changing hands by the end of trading on Friday. BP p.l.c. has a 12 month low of $32.50 and a 12 month high of $38.68. The company has a 50 day moving average price of GBX 452.39 and a 200-day moving average price of GBX 462.40. Finally, Simmons increased their price objective on shares of BP p.l.c. from $34.00 to $35.00 and gave the company a "neutral" rating in a research report on Wednesday, April 19th. Insiders have purchased a total of 206 shares of company stock worth $93,912 over the last ninety days. Kepler Capital Markets' price target points to a potential downside of 3.08% from the company's current price. The firm's quarterly revenue was up 45.1% on a year-over-year basis. Integrated Investment Consultants LLC now owns 6,728 shares of the oil and gas exploration company's stock worth $232,000 after buying an additional 220 shares in the last quarter.
BP p.l.c. had a net margin of 1.06% and a return on equity of 3.72%.More news: Russian Federation says USA sanctions vote hits chance of better ties
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A number of large investors have recently added to or reduced their stakes in the stock. Patriot Financial Group Insurance Agency LLC now owns 4,878 shares of the oil and gas exploration company's stock worth $169,000 after buying an additional 26 shares during the period. Finally, UBS Asset Management Americas Inc. purchased a new stake in shares of BP p.l.c. during the fourth quarter worth about $151,000. During the same quarter in the prior year, the company posted $0.17 earnings per share.
04/19/2017 - BP p.l.c. was downgraded to " by analysts at Citigroup. Feltz Wealth PLAN Inc. purchased a new stake in shares of BP p.l.c. during the first quarter worth about $106,000. Morgan Stanley raised its stake in shares of BP p.l.c.by 11.2% in the first quarter.