News headlines about BP (LON:BP) have been trending somewhat positive recently, InfoTrie reports. The research group scores the sentiment of media coverage by monitoring more than 6,000 blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. BP earned a media sentiment score of 1.33 on their scale. InfoTrie also assigned media coverage about the oil and gas exploration company an news buzz score of 1 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the headlines that may have effected BP’s analysis:
BP stock traded up GBX 0.80 ($0.01) during trading on Friday, reaching GBX 290.80 ($3.58). The stock had a trading volume of 37,478,529 shares, compared to its average volume of 35,510,000. BP has a 1-year low of GBX 3.02 ($0.04) and a 1-year high of GBX 556.20 ($6.84). The company has a current ratio of 1.01, a quick ratio of 0.58 and a debt-to-equity ratio of 86.75. The company has a market capitalization of $58.75 billion and a P/E ratio of -18.06. The firm has a fifty day moving average price of GBX 319.29 and a 200 day moving average price of GBX 373.21.
The company also recently disclosed a dividend, which was paid on Friday, June 19th. Shareholders of record on Thursday, May 7th were issued a $0.11 dividend. The ex-dividend date of this dividend was Thursday, May 7th. This represents a yield of 2.69%. BP’s dividend payout ratio is currently -204.97%.
BP has been the subject of several recent analyst reports. Citigroup reaffirmed a “neutral” rating and issued a GBX 330 ($4.06) target price (up from GBX 310 ($3.81)) on shares of BP in a research note on Wednesday, April 29th. Morgan Stanley reaffirmed an “underweight” rating on shares of BP in a research note on Friday. Kepler Capital Markets reaffirmed a “buy” rating and issued a GBX 400 ($4.92) target price on shares of BP in a research note on Thursday, April 23rd. Bank of America lifted their target price on shares of BP from GBX 280 ($3.45) to GBX 335 ($4.12) and gave the stock an “underperform” rating in a research note on Monday, June 22nd. Finally, Barclays lifted their target price on shares of BP from GBX 380 ($4.68) to GBX 400 ($4.92) and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 392 ($4.82).
In other news, insider Bernard Looney acquired 100 shares of the business’s stock in a transaction on Monday, May 11th. The shares were purchased at an average price of GBX 316 ($3.89) per share, for a total transaction of £316 ($388.88). Insiders acquired a total of 281 shares of company stock worth $93,912 in the last quarter.
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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