Jefferies Financial Group set a GBX 490 ($5.92) price target on BP PLC 9 Percent Preferred Shares (LON:BP.B – Get Rating) in a research report released on Friday, Borsen Zeitung reports.

Other analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. set a GBX 530 ($6.40) price objective on shares of BP PLC 9 Percent Preferred Shares in a report on Thursday, September 8th. Credit Suisse Group set a GBX 550 ($6.65) target price on shares of BP PLC 9 Percent Preferred Shares in a report on Friday, September 16th. The Goldman Sachs Group set a GBX 610 ($7.37) target price on shares of BP PLC 9 Percent Preferred Shares in a report on Tuesday, August 2nd. UBS Group set a GBX 490 ($5.92) target price on shares of BP PLC 9 Percent Preferred Shares in a report on Tuesday, August 2nd. Finally, Royal Bank of Canada set a GBX 525 ($6.34) target price on shares of BP PLC 9 Percent Preferred Shares in a report on Wednesday, August 31st.

BP PLC 9 Percent Preferred Shares Price Performance

BP.B stock opened at GBX 174.50 ($2.11) on Friday. The company has a current ratio of 1.16, a quick ratio of 0.66 and a debt-to-equity ratio of 74.69. BP PLC 9 Percent Preferred Shares has a twelve month low of GBX 166 ($2.01) and a twelve month high of GBX 197 ($2.38). The company's 50 day moving average is GBX 177.04 and its two-hundred day moving average is GBX 175.63. The stock has a market cap of £34.91 billion and a P/E ratio of -2.44.

About BP PLC 9 Percent Preferred Shares

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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