Headlines about BP (LON:BP) have trended negative on Thursday, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. BP earned a media sentiment score of -2.18 on their scale. InfoTrie also assigned news stories 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 stock’s share price in the near term.
Here are some of the headlines that may have impacted BP’s score:
- Premarket: What you need to know before the bell – CNN (cnn.com)
- BP Bosses Get Public Grilling on Climate From Largest Investors (finance.yahoo.com)
- Greenpeace activists block BP London HQ demanding end to oil… – Reuters (reuters.com)
- 99% Of BP Shareholders Back Climate Change Resolution – OilPrice.com (oilprice.com)
- Yuan watch; Retail earnings; BP meeting – KRTV Great Falls News (krtv.com)
BP stock opened at GBX 560.50 ($7.32) on Thursday. The company has a debt-to-equity ratio of 73.82, a quick ratio of 0.66 and a current ratio of 1.02. BP has a 1 year low of GBX 481.35 ($6.29) and a 1 year high of GBX 603.20 ($7.88). The stock has a market cap of $113.96 billion and a price-to-earnings ratio of 11.49.
A number of equities research analysts have commented on BP shares. Deutsche Bank reissued a “buy” rating and set a GBX 615 ($8.04) price objective on shares of BP in a report on Wednesday, April 24th. Jefferies Financial Group decreased their price objective on shares of BP from GBX 610 ($7.97) to GBX 555 ($7.25) and set a “hold” rating on the stock in a report on Tuesday, April 9th. HSBC decreased their price objective on shares of BP from GBX 660 ($8.62) to GBX 650 ($8.49) and set a “buy” rating on the stock in a report on Wednesday, April 10th. JPMorgan Chase & Co. increased their price objective on shares of BP from GBX 600 ($7.84) to GBX 625 ($8.17) and gave the stock an “overweight” rating in a report on Friday, April 12th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a GBX 625 ($8.17) price objective on shares of BP in a report on Tuesday, April 16th. One investment analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of GBX 650.88 ($8.50).
In other BP news, insider Brian Gilvary bought 58 shares of the business’s stock in a transaction on Monday, March 11th. The shares were bought at an average cost of GBX 534 ($6.98) per share, for a total transaction of £309.72 ($404.70).
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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