BP p.l.c. (NYSE:BP) was upgraded by equities research
analysts at Societe Generale from a “hold” rating to a “buy” rating in a note
issued to investors on Monday.
Several other research analysts have also recently issued
reports on the company. Morgan Stanley reissued a “buy” rating on shares of BP
p.l.c. in a research report on Thursday, January 19th. Jefferies Group LLC
reaffirmed a “hold” rating and issued a $37.50 price objective on shares of BP
p.l.c. in a research note on Wednesday, January 18th. Zacks Investment Research
downgraded BP p.l.c. from a “hold” rating to a “sell” rating in a research note
on Tuesday, January 17th. Vetr raised BP p.l.c. from a “hold” rating to a “buy”
rating and set a $39.64 price objective on the stock in a research note on
Wednesday, January 11th. Finally, HSBC Holdings plc reaffirmed a “buy” rating
on shares of BP p.l.c. in a research note on Wednesday, January 11th. Two
investment analysts have rated the stock with a sell rating, three have given a
hold rating and fourteen have given a buy rating to the company’s stock. BP
p.l.c. currently has an average rating of “Buy” and an average target price of
$36.81.
Source: American Banking and Market News
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