Breaking Finance News

Macquarie downgraded BP plc (ADR) (NYSE:BP) to Underperform in a report released today.

Macquarie has downgraded BP plc (ADR) (NYSE:BP) to Underperform in a report released on 6/21/2017.

Just yesterday BP plc (ADR) (NYSE:BP) traded 0.69% higher at $34.98. BP plc (ADR)’s 50-day moving average is $35.21 and its 200-day moving average is $35.00. The last closing price is down 4.53% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 4,846,402 shares of BP traded hands, up from an average trading volume of 4,361,920

Recent Performance Chart

BP plc (ADR) (NYSE:BP)

BP plc (ADR) has 52 week low of $32.53 and a 52 week high of $38.68 with a P/E ratio of 31.92 and has a market cap of $0.

A total of 10 brokerages have released a report on BP plc (ADR). Four brokerages rating the company a strong buy, one brokerage rating the company a buy, six brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $34.90.

General Company Details For BP plc (ADR) (NYSE:BP)

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. The Downstream segment has global manufacturing and marketing operations. The Rosneft segment has a resource base of hydrocarbons onshore and offshore. The Other businesses and corporate segment comprises the biofuels and wind businesses, shipping and treasury functions, and corporate activities around the world. 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.

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