BP plc (BP) Given Average Recommendation of "Buy" by Brokerages

Mar 09, 2017, 00:33
BP plc (BP) Given Average Recommendation of

Goldman Sachs Group Inc reissued a "hold" rating and set a $34.70 price objective on shares of BP plc in a report on Wednesday, February 22nd.

Other research analysts have also recently issued research reports about the stock. BNP Paribas reiterated a neutral rating and issued a GBX 225 ($2.75) price target on shares of Aldermore Group PLC in a research report on Monday, January 9th. Haitong Bank reissued a "buy" rating and set a GBX 560 ($6.81) price objective on shares of BT Group PLC in a research note on Tuesday, October 4th.

Shore Capital reissued their sell rating on shares of Direct Line Insurance Group PLC (LON:DLG) in a research note issued to investors on Tuesday morning. Finally, First Mercantile Trust Co. purchased a new stake in shares of BT Group PLC during the third quarter valued at $1,195,000. JPMorgan Chase & Co. now has GBX 330 ($4.04) target price on the natural resources company's stock, up from their prior target price of GBX 260 ($3.18). Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company. The brokerage now has a GBX 350 ($4.28) price target on the stock.

Shares of Senior plc (LON:SNR) traded up 0.10% during midday trading on Tuesday, reaching GBX 194.30. The company has a market cap of $48.43 billion, a price-to-earnings ratio of 13.85 and a beta of 1.12. Aldermore Group PLC has a 52-week low of GBX 102.00 and a 52-week high of GBX 256.30.

The company has a 50 day moving average of 606.39 and a 200 day moving average of 596.56.

The business also recently announced a dividend, which will be paid on Thursday, May 18th. If you are accessing this piece of content on another website, it was illegally stolen and republished in violation of USA and worldwide trademark and copyright legislation. The correct version of this news story can be accessed at https://sportsperspectives.com/2017/03/06/arrow-global-group-plcs-arw-overweight-rating-reaffirmed-at-jpmorgan-chase-co.html. Shareholders of record on Thursday, March 16th will be given a GBX 9.70 ($0.12) dividend. BP plc's payout ratio is now 11,905.95%. This represents a yield of 2.63%. With the last stock price close down -2.18% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range.

Arrow Global Group PLC is a United Kingdom-based purchaser and manager of debt that uses data and analytics to acquire and manage debt portfolios from financial institutions and other credit providers. The Company's segments include Power Solutions and Rental Solutions.