BP (NYSE:BP) has been upgraded from Neutral to Outperform in a statement by Credit Suisse earlier today.
- Updated: November 30, 2016
Having a price of $33.52, BP (NYSE:BP) traded 4.75% higher on the day. With the last stock price down 2.89% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. BP has recorded a 50-day average of $34.77 and a two hundred day average of $34.13. Trade Volume was up over the average, with 9,207,741 shares of BP changing hands over the typical 5,435,230
Credit Suisse has upgraded BP (NYSE:BP) from Neutral to Outperform in a statement released on 11/30/2016.
On Tuesday January 26, 2016, Goldman Sachs released a statement about BP (NYSE:BP) dropped the target price from $37.00 to $35.00 that suggested an upside of 0.16%.
Recent Performance Chart
BP has with a one year low of $27.01 and a one year high of $37.28 and has a total market value of $0.
A total of 10 equity analysts have released a ratings update on BP. Four equity analysts rating the company a strong buy, one equity analyst rating the company a buy, six equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $34.90.
Brief Synopsis About BP (NYSE:BP)
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. Its Upstream segment is engaged in oil and natural gas exploration, field development and production; midstream transportation, storage and processing, and the marketing and trading of natural gas, including liquefied natural gas (LNG), together with power and natural gas liquids (NGLs). Its Downstream segment is engaged in refining, manufacturing, marketing, transportation, and supply and trading of crude oil, petroleum, petrochemicals products and related services to wholesale and retail customers. Rosneft is an oil company, which has a resource base of hydrocarbons onshore and offshore.
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