Aker BP ASA (0M5J) Receives a Hold from Barclays

Barclays analyst Naisheng Cui kept a Hold rating on Aker BP ASA on September 3 and set a price target of NOK300. The stock closed last Thursday at NOK356. According to TipRanks, Cui is a 4-star analyst with an average return of 8.2% and a 58.73% success rate. The broader analyst consensus for Aker BP ASA remains Hold, with a consensus price target of NOK349.17. For the quarter ended June 30, the company reported revenue of NOK3.6 billion and net profit of NOK521 million. In the prior year quarter, Aker BP posted revenue of NOK2.53 billion and a GAAP net loss of NOK324 million.