BP (LON:BP) Insider Purchases £100,536 in Stock

BP p.l.c. (LON:BP) insider Amanda Blanc acquired 23,600 shares of the company’s stock in a transaction on Friday, September 19th. The stock was purchased at an average cost of GBX 426 per share, for a total transaction of £100,536.

BP Stock Performance

LON BP opened at GBX 431.80 on Thursday. BP p.l.c. has a 52-week low of GBX 379.70 and a 52-week high of GBX 562.30. The firm has a market cap of £84.04 billion, a P/E ratio of 32.25, a P/E/G ratio of 0.35 and a beta of 0.49. The company has a quick ratio of 0.62, a current ratio of 1.22 and a debt-to-equity ratio of 105.65. The business’s 50-day moving average price is GBX 417.38 and its 200 day moving average price is GBX 392.80.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Jefferies Financial Group reiterated a “hold” rating and set a GBX 390 target price on shares of BP in a research report on Tuesday, August 5th. Berenberg Bank upgraded shares of BP from a “hold” rating to a “buy” rating and increased their price objective for the stock from GBX 385 to GBX 500 in a report on Wednesday, August 6th. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 470 target price on shares of BP in a report on Friday, August 29th. Finally, JPMorgan Chase & Co. boosted their target price on shares of BP from GBX 420 to GBX 440 and gave the company a “neutral” rating in a report on Wednesday, August 6th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, BP currently has an average rating of “Hold” and an average target price of GBX 450.

BP Company Profile

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.