Four analysts have rated the stock with a sell rating, two have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. WM Morrison Supermarkets PLC now has an average rating of "Hold" and a consensus target price of GBX 214.27 ($2.78). Peel Hunt reiterated a "buy" rating and issued a GBX 467 ($6.05) target price on shares of GB Group plc in a report on Friday, June 30th. Liberum Capital reaffirmed a "hold" rating and issued a GBX 58 ($0.75) price objective on shares of Debenhams Plc in a report on Wednesday, April 19th. Finally, Liberum Capital reissued an "under review" rating and set a GBX 638 ($8.26) price target on shares of NEX Group PLC in a report on Monday, May 15th. Berenberg Bank now has a hold rating on the utilities provider's stock. Shore Capital reaffirmed a "buy" rating on shares of Ladbrokes Coral Group PLC in a research report on Tuesday, March 28th.
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El-Rufai meets Tony Blair in Kaduna
The former Prime Minister runs a foundation which builds capacity of government officials on good governance delivery. El-Rufai described Blair's visit as timely because it allowed him and his exco to share Blair's experience.
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Over the last ninety days, insiders purchased 607,159 shares of company stock worth $376,463,867. Jane Street Group LLC bought a new position in BT Group PLC during the first quarter valued at $12,554,000. Orbis Allan Gray Ltd increased its position in shares of BP p.l.c.by 68.8% in the fourth quarter. Orbis Allan Gray Ltd now owns 827,125 shares of the oil and gas exploration company's stock valued at $30,918,000 after buying an additional 337,242 shares during the period. Finally, Beacon Financial Group increased its position in shares of BP p.l.c.by 2.5% in the first quarter. Morgan Stanley now owns 426,962 shares of the utilities provider's stock valued at $8,578,000 after buying an additional 67,065 shares during the period. Institutional investors and hedge funds own 10.02% of the company's stock. (BP) traded up 0.66% during trading on Tuesday, hitting $34.95. The stock has a market capitalization of $39.32 billion, a PE ratio of 16.03 and a beta of 1.04. BP p.l.c. has a 12-month low of $32.50 and a 12-month high of $38.68. The firm has a 50-day moving average price of GBX 381.67 and a 200-day moving average price of GBX 321.44. BT Group PLC had a return on equity of 36.64% and a net margin of 8.48%. The company had revenue of $7.58 billion for the quarter, compared to analyst estimates of $7.88 billion. During the same period in the previous year, the company earned $0.17 earnings per share. Equities research analysts anticipate that BP p.l.c. will post $1.63 EPS for the current year.
The business also recently declared a dividend, which will be paid on Thursday, August 3rd. Investors of record on Thursday, June 1st were given a GBX 1.03 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, June 29th. This represents a dividend yield of 0.62%. The Company owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. Its segments include Marine and Technology, Defence and Security, Support Services and worldwide.
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