BP PLC 9 Percent Preferred Shares (LON:BP.B) Given a GBX 472 Price Target by Deutsche Bank Aktiengesellschaft Analysts

BP PLC 9 Percent Preferred Shares (LON:BP.BGet Rating) has been assigned a GBX 472 ($5.78) price target by research analysts at Deutsche Bank Aktiengesellschaft in a report released on Wednesday, Borsen Zeitung reports. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 160.06% from the stock’s current price.

A number of other brokerages also recently issued reports on BP.B. Credit Suisse Group set a GBX 440 ($5.39) price target on shares of BP PLC 9 Percent Preferred Shares in a report on Thursday, July 21st. Morgan Stanley set a GBX 540 ($6.62) price target on shares of BP PLC 9 Percent Preferred Shares in a report on Wednesday, May 11th. Jefferies Financial Group set a GBX 420 ($5.15) price target on shares of BP PLC 9 Percent Preferred Shares in a research report on Friday, July 1st. UBS Group set a GBX 490 ($6.00) price objective on shares of BP PLC 9 Percent Preferred Shares in a research report on Tuesday. Finally, Berenberg Bank set a GBX 510 ($6.25) price objective on shares of BP PLC 9 Percent Preferred Shares in a research note on Monday, June 13th.

BP PLC 9 Percent Preferred Shares Stock Performance

Shares of LON BP.B opened at GBX 181.50 ($2.22) on Wednesday. BP PLC 9 Percent Preferred Shares has a 52-week low of GBX 1.76 ($0.02) and a 52-week high of GBX 197 ($2.41). The company has a quick ratio of 0.66, a current ratio of 1.16 and a debt-to-equity ratio of 74.69. The firm’s 50-day moving average price is GBX 173.77 and its two-hundred day moving average price is GBX 175.16. The stock has a market capitalization of ¬£36.31 billion and a P/E ratio of -2.54.

BP PLC 9 Percent Preferred Shares Company Profile

(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).

Read More

Want More Great Investing Ideas?

Receive News & Ratings for BP PLC 9 Percent Preferred Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BP PLC 9 Percent Preferred Shares and related companies with MarketBeat.com's FREE daily email newsletter.