Media coverage about BP (LON:BP) has been trending somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than 6,000 news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. BP earned a media sentiment score of 1.17 on their scale. InfoTrie also gave news headlines about the oil and gas exploration company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company’s share price in the near term.
These are some of the news headlines that may have effected BP’s ranking:
BP has been the subject of a number of recent research reports. Deutsche Bank restated a “buy” rating on shares of BP in a research note on Friday, July 12th. Credit Suisse Group set a GBX 605 ($7.91) price objective on shares of BP and gave the stock a “neutral” rating in a research note on Wednesday, July 31st. Morgan Stanley restated an “overweight” rating on shares of BP in a research note on Friday, August 30th. Berenberg Bank dropped their target price on shares of BP from GBX 620 ($8.10) to GBX 600 ($7.84) and set a “buy” rating on the stock in a report on Monday, September 16th. Finally, Goldman Sachs Group reaffirmed a “conviction-buy” rating on shares of BP in a report on Tuesday, August 13th. One research analyst has rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 646.56 ($8.45).
BP stock traded up GBX 4.10 ($0.05) during mid-day trading on Friday, reaching GBX 521 ($6.81). The company had a trading volume of 74,608,607 shares, compared to its average volume of 35,510,000. BP has a fifty-two week low of GBX 5.08 ($0.07) and a fifty-two week high of GBX 603.20 ($7.88). The company has a current ratio of 1.07, a quick ratio of 0.69 and a debt-to-equity ratio of 75.21. The company has a market cap of $106.05 billion and a P/E ratio of 11.89. The business has a fifty day simple moving average of GBX 507.23 and a 200 day simple moving average of GBX 537.77.
The business also recently announced a dividend, which was paid on Friday, September 20th. Shareholders of record on Thursday, August 8th were given a $0.10 dividend. The ex-dividend date was Thursday, August 8th. This represents a yield of 1.59%. BP’s dividend payout ratio is currently 0.75%.
In other BP news, insider Brian Gilvary purchased 58 shares of the company’s stock in a transaction dated Wednesday, July 10th. The stock was purchased at an average price of GBX 546 ($7.13) per share, with a total value of £316.68 ($413.80). Insiders acquired 184 shares of company stock worth $95,172 in the last 90 days.
BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).
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