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BP p.l.c. (BP) Receives a Buy from DZ BANK AG

Tipranks - Tipranks - Wed Apr 29, 11:40PM CDT

DZ BANK AG analyst Werner Eisenmann maintained a Buy rating on BP p.l.c. yesterday. The company’s shares closed yesterday at p578.80.

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According to TipRanks, Eisenmann is ranked #1056 out of 12158 analysts.

BP p.l.c. has an analyst consensus of Moderate Buy, with a price target consensus of p602.00, a 4.01% upside from current levels. In a report released yesterday, UBS also maintained a Buy rating on the stock with a £7.00 price target.

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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.

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