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Enter Symbol:
 
Bp P.l.c. (BP) [hlAlert]

Rating:
Neutral BP

Bp P.l.c. (BP) downgraded to Neutral by HSBC Securities

Posted on: Thursday,  May 1, 2008  8:25 AM ET by HSBC Securities

BP (BP)
rated Neutral by HSBC Securities.

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
None
46.97
as of 12/24/2008
1 Week up  4.80 %
1 Month up  1.86 %
3 Months up  3.13 %
1 YTD down  -45.68 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2010 8:25 AM Buy
None
54.65
9/10/2009 8:25 AM Hold
None
54.67
7/10/2008 8:25 AM Buy
None
64.84
5/1/2008 8:25 AM Hold
None
72.49

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