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Exane BNP Paribas Reconfirms GBX 350.00 Price Target On BP PLC (LON:BP), Reconfirms Neutral Rating

Exane BNP Paribas Analyst Rating Change BP PLC LON:BP

BP PLC (LON:BP) Rating Restated

Analysts at Exane Bnp Paribas have GBX 350.00 target on BP PLC (LON:BP). Exane BNP Paribas’s target would indicate a potential downside of -7.87 % from the company’s previous close. The rating was disclosed to clients in analysts report on 27 April.

LON:BP is currently trading -1.23% lower at GBX 377.76 as of 13:17 London time. BP PLC’s stock is down -6.82% in the last 200 days. It has underperformed the S&P500 Index, which has decreased -0.21% in the same time.

Out of 25 brokers covering BP PLC, 11 rate it a Buy, 15 indicate a Hold while 4 suggest a Sell. The highest target is GBX 788 and the lowest is GBX 451 according to Thomson/First Call. The 12-month mean target is GBX 557, which means upside potential of 45.70% over the current price.

LON:BP Price Chart & Trend

The stock price of BP PLC has decreased 6.82% over the last 200 days, and is in unsteady down trend. In the last 50 and 100 days, BP PLC is up 6.42% and up 3.5%, respectively. Our stocks momentum model is shown on the price chart below.Exane BNP Paribas Reconfirms GBX 350.00 Price Target On BP PLC (LON:BP), Reconfirms Neutral Rating

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

BP Stock Chart

BP PLC (LON:BP) Profile

BP p.l.c. is an integrated oil and gas company. The Company provides its customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging. The Company operates through three segments: Upstream, Downstream and Rosneft.

BP PLC (LON:BP) traded down -1.23% on 27 April, hitting GBX 377.76. A total of 33.23M shares of the company’s stock traded hands. This is down from average of 34.29M shares. BP PLC has a 52 week low of GBX 249.44 and a 52 week high of GBX 485.85. The company has a market cap of 70.65B GBX and a P/E ratio of 0.

Get the latest BP PLC (LON:BP) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Exane Bnp Paribas Reconfirms GBX 350.00 Price Target On BP PLC (LON:BP), Reconfirms Neutral Rating appeared first on Octafinance.



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Exane BNP Paribas Reconfirms GBX 350.00 Price Target On BP PLC (LON:BP), Reconfirms Neutral Rating

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