BP PLC 9 Percent Preferred Shares (LON:BP.B) Given a GBX 690 Price Target at The Goldman Sachs Group

The Goldman Sachs Group set a GBX 690 ($8.16) price target on BP PLC 9 Percent Preferred Shares (LON:BP.BGet Rating) in a report released on Monday, Borsen Zeitung reports.

Several other brokerages have also weighed in on BP.B. Jefferies Financial Group set a GBX 490 ($5.79) price objective on shares of BP PLC 9 Percent Preferred Shares in a report on Wednesday, November 9th. Deutsche Bank Aktiengesellschaft set a GBX 527 ($6.23) price objective on shares of BP PLC 9 Percent Preferred Shares in a report on Wednesday, November 2nd. JPMorgan Chase & Co. set a GBX 530 ($6.27) price objective on shares of BP PLC 9 Percent Preferred Shares in a report on Tuesday, November 1st. Royal Bank of Canada set a GBX 550 ($6.50) price objective on shares of BP PLC 9 Percent Preferred Shares in a report on Monday, October 31st. Finally, Credit Suisse Group set a GBX 550 ($6.50) price target on shares of BP PLC 9 Percent Preferred Shares in a report on Monday, November 7th.

BP PLC 9 Percent Preferred Shares Price Performance

Shares of BP.B stock opened at GBX 166 ($1.96) on Monday. The firm has a market cap of £33.21 billion and a P/E ratio of -2.32. The company has a debt-to-equity ratio of 74.26, a current ratio of 1.04 and a quick ratio of 0.62. BP PLC 9 Percent Preferred Shares has a 1-year low of GBX 162 ($1.92) and a 1-year high of GBX 193 ($2.28). The firm has a fifty day moving average of GBX 167.54 and a two-hundred day moving average of GBX 173.03.

About BP PLC 9 Percent Preferred Shares

(Get Rating)

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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