BP p.l.c. (BP) : 9 analysts are covering BP p.l.c. (BP) and their average rating on the stock is 2.44, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
BP p.l.c. (BP) : The highest short term price target forecast on BP p.l.c. (BP) is $46 and the lowest target price is $32. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $38.43 with a standard deviation of $5.13.
For the current week, the company shares have a recommendation consensus of Buy. BP p.l.c. (NYSE:BP): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.21 and $33.12 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $33.85. The buying momentum continued till the end and the stock did not give up its gains. It closed at $33.64, notching a gain of 1.91% for the day. The total traded volume was 6,439,699 . The stock had closed at $33.01 on the previous day.
BP p.l.c. (BP) is an integrated oil and gas company. The Company provides its customers with fuel for transportation, energy for heat and light, lubricants and the petrochemicals products used to make everyday items, including paints, clothes and packaging. The Company operates in three business segments: Upstream, Downstream and Rosneft. The Upstream segments activities include oil and natural gas exploration, field development and production; midstream transportation, storage and processing, and the marketing and trading of natural gas, including liquefied natural gas (LNG), together with power and natural gas liquids (NGLs). The Companys Downstream segments activities include the refining, manufacturing, marketing, transportation, and supply and trading of crude oil, petroleum, petrochemicals products and related services to wholesale and retail customers. BPs interest in Rosneft, an oil company in Russia, is reported as a separate operating segment.