BP plc (LON:BP) received a GBX 485 ($6.38) price objective from analysts at Kepler Capital Markets in a note issued to investors on Monday, October 2nd. The brokerage presently has a “neutral” rating on the oil and gas exploration company’s stock. Kepler Capital Markets’ price objective suggests a potential downside of 1.18% from the stock’s current price.

BP has been the topic of several other research reports. Deutsche Bank AG reiterated a “buy” rating and set a GBX 515 ($6.77) price target on shares of BP plc in a report on Wednesday, June 21st. UBS AG set a GBX 525 ($6.90) price target on BP plc and gave the company a “buy” rating in a report on Monday, June 12th. Canaccord Genuity reiterated a “buy” rating and set a GBX 525 ($6.90) price target on shares of BP plc in a report on Friday, June 16th. HSBC Holdings plc increased their price target on BP plc from GBX 550 ($7.23) to GBX 565 ($7.43) and gave the company a “buy” rating in a report on Friday, June 16th. Finally, J P Morgan Chase & Co set a GBX 530 ($6.97) price target on BP plc and gave the company a “buy” rating in a report on Friday, June 23rd. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 511.05 ($6.72).

Shares of BP plc (BP) traded down 0.13% on Monday, reaching GBX 490.80. 19,288,484 shares of the company’s stock were exchanged. The company’s market capitalization is GBX 96.62 billion. BP plc has a 12 month low of GBX 4.80 and a 12 month high of GBX 521.20. The firm’s 50 day moving average price is GBX 463.17 and its 200-day moving average price is GBX 458.39.

TRADEMARK VIOLATION NOTICE: This news story was published by Marea Informative and is the property of of Marea Informative. If you are reading this news story on another domain, it was copied illegally and republished in violation of US & international copyright and trademark legislation. The legal version of this news story can be accessed at http://www.mareainformativa.com/kepler-capital-markets-reiterates-gbx-485-price-target-for-bp-plc-bp/116383/.

In other news, insider Brian Gilvary acquired 63 shares of the stock in a transaction that occurred on Tuesday, October 10th. The stock was purchased at an average cost of GBX 486 ($6.39) per share, for a total transaction of £306.18 ($402.55). Over the last quarter, insiders purchased 201 shares of company stock valued at $93,730.

About BP plc

BP p.l.c. is an integrated oil and gas company. The Company owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. The Company’s segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is engaged in oil and natural gas exploration, field development and production, as well as midstream transportation, storage and processing.

Analyst Recommendations for BP plc (LON:BP)

Receive News & Stock Ratings for BP plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BP plc and related stocks with our FREE daily email newsletter.