Murray Auchincloss Acquires 87 Shares of BP p.l.c. (LON:BP) Stock

BP p.l.c. (LON:BP) insider Murray Auchincloss bought 87 shares of BP stock in a transaction dated Monday, February 10th. The stock was acquired at an average cost of GBX 433 ($5.35) per share, for a total transaction of £376.71 ($465.53).

Murray Auchincloss also recently made the following trade(s):

• On Friday, January 10th, Murray Auchincloss bought 88 shares of BP stock. The stock was acquired at an average cost of GBX 423 ($5.23) per share, for a total transaction of £372.24 ($460.01).
• On Tuesday, December 10th, Murray Auchincloss acquired 95 shares of BP stock. The shares were purchased at an average cost of GBX 394 ($4.87) per share, for a total transaction of £374.30 ($462.56).

BP Stock Performance

BP stock traded up GBX 31.90 ($0.39) during midday trading on Tuesday, reaching GBX 465.15 ($5.75). 93,814,904 shares of the company’s stock were exchanged, compared to its average volume of 8,560,774. BP p.l.c. has a 52 week low of GBX 379.70 ($4.69) and a 52 week high of GBX 562.30 ($6.95). The company has a debt-to-equity ratio of 79.91, a quick ratio of 0.62 and a current ratio of 1.24. The firm has a market cap of £73.73 billion, a price-to-earnings ratio of 1,409.55, a P/E/G ratio of 0.35 and a beta of 0.49. The stock’s 50-day simple moving average is GBX 405.54 and its 200 day simple moving average is GBX 407.79.

Wall Street Analysts Forecast Growth

BP has been the topic of several research reports. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 540 ($6.67) price objective on shares of BP in a report on Monday, December 16th. Berenberg Bank reduced their price objective on BP from GBX 470 ($5.81) to GBX 440 ($5.44) and set a “hold” rating on the stock in a report on Friday, November 29th. Finally, JPMorgan Chase & Co. upped their price objective on BP from GBX 425 ($5.25) to GBX 440 ($5.44) and gave the stock an “underweight” rating in a report on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of GBX 595 ($7.35).

About BP

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.