Insider Buying: BP (LON:BP) Insider Purchases £316.20 in Stock

BP p.l.c. (LON:BP) insider Carol Howle acquired 62 shares of BP stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average cost of GBX 510 per share, with a total value of £316.20.

Carol Howle also recently made the following trade(s):

• On Tuesday, February 10th, Carol Howle bought 65 shares of BP stock. The stock was bought at an average cost of GBX 478 per share, for a total transaction of £310.70.
• On Monday, January 12th, Carol Howle bought 73 shares of BP stock. The stock was bought at an average cost of GBX 426 per share, for a total transaction of £310.98.

BP Trading Up 1.0%

LON BP opened at GBX 534.30 on Friday. BP p.l.c. has a 12 month low of GBX 379.70 and a 12 month high of GBX 562.30. The company has a current ratio of 1.26, a quick ratio of 0.62 and a debt-to-equity ratio of 136.71. The stock’s fifty day moving average price is GBX 462.32 and its 200-day moving average price is GBX 445.33. The stock has a market cap of £103.99 billion, a P/E ratio of 39.91, a P/E/G ratio of 0.35 and a beta of 0.06.

Analysts Set New Price Targets

Several research analysts have issued reports on BP shares. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 440 target price on shares of BP in a report on Tuesday, January 20th. JPMorgan Chase & Co. raised their price target on shares of BP from GBX 460 to GBX 480 and gave the company a “neutral” rating in a research report on Friday, December 5th. Finally, Berenberg Bank decreased their price objective on shares of BP from GBX 525 to GBX 520 and set a “buy” rating for the company in a report on Thursday, January 15th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of GBX 493.

BP Company Profile

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business.