BP p.l.c. (BP) Gets a Hold from Jefferies

Jefferies analyst Mark Wilson maintained a Hold rating on BP p.l.c. today and set a price target of £6.50.

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Wilson covers the Energy sector, focusing on stocks such as TotalEnergies SE, Shell (UK), and BP p.l.c.. According to TipRanks, Wilson has an average return of 6.8% and a 57.14% success rate on recommended stocks.

In addition to Jefferies, BP p.l.c. also received a Hold from J.P. Morgan’s Matthew Lofting in a report issued today. However, on the same day, Barclays 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 December 31, the company reported a quarterly revenue of p47.38 billion and a GAAP net loss of p3.42 billion. In comparison, last year the company earned a revenue of p44.66 billion and had a GAAP net loss of p1.91 billion

Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BP in relation to earlier this year.