RBC Capital Remains a Hold on BP p.l.c. (BP)
In a report released today, Biraj Borkhataria from RBC Capital maintained a Hold rating on BP p.l.c., with a price target of £5.00.
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Borkhataria covers the Energy sector, focusing on stocks such as BP p.l.c., TotalEnergies SE, and Shell (UK). According to TipRanks, Borkhataria has an average return of 4.5% and a 58.46% success rate on recommended stocks.
In addition to RBC Capital, BP p.l.c. also received a Hold from Jefferies’s Mark Wilson in a report issued today. However, on the same day, Berenberg Bank maintained a Buy rating on BP p.l.c. (LSE: BP).
Based on BP p.l.c.’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of p48.39 billion and a net profit of p1.16 billion. In comparison, last year the company earned a revenue of p47.25 billion and had a net profit of p206 million
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