BP plc (ADR) using SYMBOL code NYSE:BP has had its stock rating noted as ‘Upgrade’ with the recommendation being set at ‘BUY’ this morning by analysts at Argus. BP plc (ADR) are listed in the Energy sector within NYSE. Argus have set a target price of 42 USD on its stock. This would imply the analyst believes there is a potential upside of 10.9% from the opening price of 37.87 USD. BP plc (ADR) NYSE:BP has a 50 day moving average of 39.30 USD and a 200 day moving average of 39.26 USD. The 52 week high for the share price is currently at 49.58 USD while the 52 week low for the stock is 34.88 USD.
BP plc (ADR) NYSE:BP (BP) is an integrated oil and gas company. The Company provides its customers with fuel for transportation, energy for heat and light, lubricants and the petrochemicals products used to make everyday items, including paints, clothes and packaging. The Company operates in three business segments: Upstream, Downstream and Rosneft. The Upstream segment’s activities include oil and natural gas exploration, field development and production; midstream transportation, storage and processing, and the marketing and trading of natural gas, including liquefied natural gas (LNG), together with power and natural gas liquids (NGLs). The Company’s Downstream segment’s activities include the refining, manufacturing, marketing, transportation, and supply and trading of crude oil, petroleum, petrochemicals products and related services to wholesale and retail customers. BP’s interest in Rosneft, an oil company in Russia, is reported as a separate operating segment.