BP Beat Earnings On Higher Production, Raises Dividend

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  • #19790
    ThePitBoss
    Participant

    British Oil major BP PLC reported better than…

    [article]1350[/article]

    #20481
    ThePitBoss
    Participant

    RBC downgraded British Petroleum to outperform from top pick

    RBC sees a “narrowing valuation discount versus peers.”

    “We remain constructive on BP for its medium term growth profile and improving cash flow framework. However, the shares have performed well versus the sector in recent months, and we see less valuation upside now, and downgrade from Top Pick to Outperform, on our unchanged 625p Price Target. ”

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