Aker BP ASA (DETNF) Rating Increased to Buy at Stifel Nicolaus

Aker BP ASA (OTCMKTS:DETNF) was upgraded by stock analysts at Stifel Nicolaus from a “sell” rating to a “buy” rating in a report released on Friday.

Other analysts have also issued research reports about the company. JPMorgan Chase & Co. lowered Aker BP ASA from an “overweight” rating to a “neutral” rating in a report on Tuesday, November 20th. Bank of America lowered Aker BP ASA from a “neutral” rating to an “underperform” rating in a report on Monday, October 29th. Finally, HSBC assumed coverage on Aker BP ASA in a report on Tuesday, November 27th. They set a “buy” rating on the stock.

Shares of Aker BP ASA stock remained flat at $$24.75 during trading on Friday. Aker BP ASA has a 12-month low of $24.75 and a 12-month high of $39.38.

About Aker BP ASA

Aker BP ASA engages in the exploration, development, and production of oil and gas on the Norwegian Continental Shelf. As of December 31, 2017, it had working interests in 28 fields/projects containing estimated total net proven reserves of 692 million barrels of oil equivalents; and estimated total net proven plus probable reserves of 914 million barrels of oil equivalents.

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