Jefferies Reaffirms Their Hold Rating on BP p.l.c. (BP)
Jefferies analyst Mark Wilson maintained a Hold rating on BP p.l.c. today and set a price target of £4.40.
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Wilson covers the Energy sector, focusing on stocks such as Shell (UK), TotalEnergies SE, and BP p.l.c.. According to TipRanks, Wilson has an average return of 2.9% and a 55.30% success rate on recommended stocks.
In addition to Jefferies, BP p.l.c. also received a Hold from Morgan Stanley’s Martijn Rats 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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