BP p.l.c. (BP) has been under a strong bear grip, hence the stock is down -0.49% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.16% in the past 1 week. The 4-week change in the price of the stock is -0.7% and the stock has fallen -0.5% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.49% and the fifty day Moving Average is 0.29%. BP p.l.c. is up 7.49% in the last three month period. Year-to-Date the stock performance stands at 15.76%.
BP p.l.c. (BP) : The most positive equity analysts on BP p.l.c. (BP) expects the shares to touch $46, whereas, the least positive believes that the stock will trade at $32 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $38.43 with an expected fluctuation of $5.13 from the mean.
BP p.l.c. (NYSE:BP): On Fridays trading session , Opening price of the stock was $34.38 with an intraday high of $34.8. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $34.0135. However, the stock managed to close at $34.16, a loss of 0.18% for the day. On the previous day, the stock had closed at $34.22. The total traded volume of the day was 6,267,561 shares.
BP p.l.c. (BP) is an integrated oil and gas company. The Company provides its customers with fuel for transportation, energy for heat and light, lubricants and the petrochemicals products used to make everyday items, including paints, clothes and packaging. The Company operates in three business segments: Upstream, Downstream and Rosneft. The Upstream segments activities include oil and natural gas exploration, field development and production; midstream transportation, storage and processing, and the marketing and trading of natural gas, including liquefied natural gas (LNG), together with power and natural gas liquids (NGLs). The Companys Downstream segments activities include the refining, manufacturing, marketing, transportation, and supply and trading of crude oil, petroleum, petrochemicals products and related services to wholesale and retail customers. BPs interest in Rosneft, an oil company in Russia, is reported as a separate operating segment.