Kepler Capital Reaffirms Their Hold Rating on BP p.l.c. (BP)

In a report released on April 28, Bertrand Hodee from Kepler Capital maintained a Hold rating on BP p.l.c., with a price target of p600.00. The company’s shares closed yesterday at p578.80.

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According to TipRanks, Hodee is a 5-star analyst with an average return of 17.8% and a 63.72% success rate. Hodee covers the Energy sector, focusing on stocks such as Technip Energies NV, BP p.l.c., and Shell (UK).

In addition to Kepler Capital , BP p.l.c. also received a Hold from Jefferies’s Mark Wilson in a report issued on April 28. However, yesterday, Goldman Sachs 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 March 31, the company reported a quarterly revenue of p51.14 billion and a net profit of p3.76 billion. In comparison, last year the company earned a revenue of p46.91 billion and had a net profit of p687 million

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.