News articles about BP (NYSE:BP) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BP earned a news impact score of 0.15 on Accern’s scale. Accern also gave news articles about the oil and gas exploration company an impact score of 45.7230962252973 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- BP Stock Is a Good Buy for a Very Particular Investor Mindset – Investorplace.com (investorplace.com)
- Norway’s Aker BP sells 10 pct stakes in Valhall, Hod oilfields – Reuters (reuters.com)
- BP plc 36.3% Potential Upside Indicated by Barclays Capital – DirectorsTalk Interviews (directorstalkinterviews.com)
- Norway’s Aker BP sells 10 percent stakes in Valhall, Hod oilfields – Reuters (reuters.com)
- UBS upgrades Shell and BP as oil market becomes “increasingly normal” – Proactive Investors UK (proactiveinvestors.co.uk)
Several equities analysts recently weighed in on BP shares. Vetr raised shares of BP from a “hold” rating to a “buy” rating and set a $40.94 price objective on the stock in a research report on Thursday, November 23rd. Zacks Investment Research raised shares of BP from a “hold” rating to a “strong-buy” rating and set a $45.00 price objective on the stock in a research report on Wednesday, November 22nd. TheStreet raised shares of BP from a “c” rating to a “b” rating in a research report on Wednesday, November 8th. Scotiabank reaffirmed a “buy” rating and set a $39.00 price objective on shares of BP in a research report on Wednesday, November 1st. Finally, Evercore ISI raised their price objective on shares of BP from $43.00 to $48.00 and gave the company an “outperform” rating in a research report on Wednesday, November 1st. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. BP currently has a consensus rating of “Hold” and an average target price of $38.86.
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Friday, November 10th will be given a $0.60 dividend. This is a positive change from BP’s previous quarterly dividend of $0.60. The ex-dividend date is Thursday, November 9th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 6.04%. BP’s dividend payout ratio (DPR) is currently 203.42%.
BP p.l.c. is an integrated oil and gas company. The Company owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. The Company’s segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is engaged in oil and natural gas exploration, field development and production, as well as midstream transportation, storage and processing.
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