Aker BP ASA (OTCMKTS:DETNF) Given Consensus Rating of “Buy” by Brokerages

Share on StockTwits

Shares of Aker BP ASA (OTCMKTS:DETNF) have been given a consensus rating of “Buy” by the ten ratings firms that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company.

DETNF has been the topic of a number of analyst reports. Credit Suisse Group initiated coverage on shares of Aker BP ASA in a report on Tuesday, May 12th. They set a “neutral” rating on the stock. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Aker BP ASA in a report on Monday, July 13th. HSBC reaffirmed a “buy” rating on shares of Aker BP ASA in a report on Wednesday, July 1st. Berenberg Bank reaffirmed a “buy” rating on shares of Aker BP ASA in a report on Wednesday, July 15th. Finally, Bank of America upgraded Aker BP ASA from a “neutral” rating to a “buy” rating in a research note on Monday, June 15th.

OTCMKTS DETNF remained flat at $$19.00 during mid-day trading on Tuesday. The business has a 50 day simple moving average of $19.20 and a two-hundred day simple moving average of $17.81. Aker BP ASA has a fifty-two week low of $8.20 and a fifty-two week high of $33.50.

Aker BP ASA Company Profile

Aker BP ASA engages in the exploration, development, and production of oil and gas on the Norwegian Continental Shelf. The company has working interests in 40 fields/projects. As of December 31, 2018, its total net proven reserves were 683 million barrels of oil equivalents; and estimated total net proven plus probable reserves were 917 million barrels of oil equivalents.

Featured Article: Does a trade war provide a risk to the global economy?

Analyst Recommendations for Aker BP ASA (OTCMKTS:DETNF)

Receive News & Ratings for Aker BP ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aker BP ASA and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply