The shares of BP p.l.c. (NYSE:BP) has been pegged with a rating of Outperform by Raymond James in its latest research note that was published on November 20th, 2018. Raymond James wasn’t the only research firm that published a report of BP p.l.c., with other equities research analysts also giving their opinion on the stock. Piper Jaffray advised investors in its research note published on October 23rd, 2018, to Overweight the BP stock. The stock had earned Buy rating from Berenberg when it published its report on September 11th, 2018. The stock was given Overweight rating by Morgan Stanley in its report released on September 5th, 2018. RBC Capital Mkts was of a view that BP is Top Pick in its latest report on July 9th, 2018. Goldman thinks that BP is worth Buy rating. This was contained in the firm’s report on April 24th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $50.73. The price of the stock the last time has raised by 9.52% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 38.97.
The shares of the company dipped by -3.32% during the trading session on Thursday, reaching a low of $38.71 while ending the day at $39.59. During the trading session, a total of 12.94 million shares were traded which represents a -84.88% decline from the average session volume which is 7.00M shares. BP had ended its last session trading at 40.95. BP p.l.c. currently has a market cap of $131.79B, while its P/E ratio stands at 13.75, while its P/E earnings growth sits at 0.45, with a beta of 0.83. BP p.l.c. debt-to-equity ratio currently stands at 0.63, while its quick ratio hovers at 0.90. BP 52-week low price stands at $36.15 while its 52-week high price is $47.83.
The company in its last quarterly report recorded $1.14 earnings per share which is above the $0.85 predicted by most analysts. The BP p.l.c. generated $79,468.00 million in revenue during the last quarter, which is slightly lower than the $79,863.30 million predicted by analysts. In the second quarter last year, the firm recorded $0.85 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 25.44%. BP p.l.c. has the potential to record 2.88 EPS for the current fiscal year, according to equities analysts.
Investment analysts at JP Morgan published a research note on October 9th, 2018 where it informed investors and clients that Exelon Corporation (NYSE:EXC) is now rated as Neutral. Piper Jaffray also rated EXC as Resumed on October 23rd, 2018, with its price target of $459 suggesting that EXC could surge by 0.45% from its current share price. Even though the stock has been trading at $46.95/share, analysts expect it to surge higher by -0.11% to reach $47.11/share. It started the day trading at $47.4 and traded between $46.09 and $46.90 throughout the trading session.
A look at its technical shows that EXC’s 50-day SMA is 44.40 while its 200-day SMA stands at 41.80. The stock has a high of $47.37 for the year while the low is $35.57. The company’s P/E ratio currently sits at 12.18, while the P/B ratio is 1.46. The company’s average trading volume currently stands at 5.88M shares, which means that the short-interest ratio is just 2.73 days. Over the past seven days, the company moved, with its shift of 2.36%. Looking further, the stock has raised 5.73% over the past 90 days while it gained 16.84% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more EXC shares, increasing its portfolio by +1.75% during the last quarter. This move now sees The Vanguard Group Inc purchasing 1,306,487 shares in the last quarter, thus it now holds 75,876,899 shares of EXC, with a total valuation of $3,324,166,945. SSgA Funds Management Inc meanwhile bought more EXC shares in the recently filed quarter, changing its stake to $2,515,253,760 worth of shares. BlackRock Fund Advisors followed the path by increasing its EXC portfolio by +0.95% in the quarter. This means that BlackRock Fund Advisors bought 457,046 shares in the last quarter and now controls 48,620,461 shares of the EXC stock, with the valuation hitting $2,130,062,396.
Similarly, Wellington Management Co LLP decreased its Exelon Corporation shares by -0.55% during the recently filed quarter. After selling -172,671 shares in the last quarter, the firm now controls 31,264,257 shares of Exelon Corporation which are valued at $1,369,687,099. In the same vein, Barrow Hanley Mewhinney Strau increased its Exelon Corporation shares by during the most recent reported quarter. The firm bought 2,049,310 shares during the quarter which increased its stakes to 19,239,200 shares and is now valued at $842,869,352. Following these latest developments, around 0.10% of Exelon Corporation stocks are owned by institutional investors and hedge funds.