JPMorgan Chase & Co. Analysts Give BP PLC 9 Percent Preferred Shares (LON:BP.B) a GBX 530 Price Target

JPMorgan Chase & Co. set a GBX 530 ($6.49) price objective on BP PLC 9 Percent Preferred Shares (LON:BP.BGet Rating) in a research report released on Tuesday, Borsen Zeitung reports.

Other research analysts have also issued research reports about the stock. Barclays set a GBX 700 ($8.58) price target on shares of BP PLC 9 Percent Preferred Shares in a research note on Wednesday, May 4th. UBS Group set a GBX 490 ($6.00) price target on shares of BP PLC 9 Percent Preferred Shares in a research note on Monday, July 18th. Morgan Stanley set a GBX 540 ($6.62) price target on shares of BP PLC 9 Percent Preferred Shares in a research note on Wednesday, May 11th. Jefferies Financial Group set a GBX 420 ($5.15) price objective on shares of BP PLC 9 Percent Preferred Shares in a report on Friday, July 1st. Finally, Berenberg Bank set a GBX 510 ($6.25) price objective on shares of BP PLC 9 Percent Preferred Shares in a report on Monday, June 13th.

BP PLC 9 Percent Preferred Shares Stock Performance

Shares of BP.B opened at GBX 181.50 ($2.22) on Tuesday. The company has a debt-to-equity ratio of 74.69, a quick ratio of 0.66 and a current ratio of 1.16. BP PLC 9 Percent Preferred Shares has a twelve month low of GBX 166 ($2.03) and a twelve month high of GBX 197 ($2.41). The firm’s 50 day moving average price is GBX 173.89 and its two-hundred day moving average price is GBX 175.13. The firm has a market cap of £36.31 billion and a P/E ratio of -2.54.

About BP PLC 9 Percent Preferred Shares

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BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).

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