BP p.l.c. (LON:BP) Insider Purchases £379.44 in Stock

BP p.l.c. (LON:BP) insider Murray Auchincloss acquired 102 shares of the stock in a transaction on Monday, May 12th. The shares were bought at an average cost of GBX 372 ($4.95) per share, for a total transaction of £379.44 ($504.98).

Murray Auchincloss also recently made the following trade(s):

• On Thursday, April 10th, Murray Auchincloss purchased 113 shares of BP stock. The stock was acquired at an average cost of GBX 333 ($4.43) per share, for a total transaction of £376.29 ($500.79).

BP Trading Down 1.8%

BP opened at GBX 368.25 ($4.90) on Friday. The firm has a market cap of £71.67 billion, a price-to-earnings ratio of 27.51, a price-to-earnings-growth ratio of 0.35 and a beta of 0.49. BP p.l.c. has a 52 week low of GBX 379.70 ($5.05) and a 52 week high of GBX 562.30 ($7.48). The business’s 50 day moving average is GBX 385.19 and its two-hundred day moving average is GBX 399.72. The company has a quick ratio of 0.62, a current ratio of 1.22 and a debt-to-equity ratio of 105.65.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on BP shares. JPMorgan Chase & Co. raised BP to a “neutral” rating and upped their price target for the company from GBX 440 ($5.86) to GBX 510 ($6.79) in a research note on Thursday, February 20th. Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 480 ($6.39) price objective on shares of BP in a report on Thursday, February 20th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of GBX 494 ($6.57).

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.