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Bp P.l.c. (BP) [hlAlert]

down 29.67 %

Bp P.l.c. (BP) rated Overweight by HSBC Securities

Posted on: Friday,  Dec 6, 2013  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Bp P.l.c. (NYSE: BP) on 12/06/2013, when the stock price was $46.97. Since
then, Bp P.l.c. has lost 29.68% as of 01/15/2016's recent price of $33.03.
If you would have followed this HSBC Securities's recommendation on BP, you would have lost 29.67% of your investment in 770 days.

BP p.l.c. is the holding company of one of the world's largest petroleum and petrochemicals groups. Their main activities are exploration and production of crude oil and natural gas; refining, marketing, supply and transportation; and manufacturing and marketing of petrochemicals. They have a growing activity in gas and power and in solar power generation. BP has well-established operations in Europe, North and South America, Australasia and Africa.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/6/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -2.37 %
1 Month down  -1.63 %
3 Months up  8.94 %
1 YTD up  9.72 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2010 8:25 AM Buy
9/10/2009 8:25 AM Hold
7/10/2008 8:25 AM Buy
5/1/2008 8:25 AM Hold

(*) Stock Price at the time of the recommendation.
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