BP p.l.c. – Consensus Indicates Potential 17.7% Upside

Broker Ratings
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BP p.l.c. with ticker code (BP) have now 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 45 and 29 with a mean TP of 36.99. Now with the previous closing price of 31.42 this would imply there is a potential upside of 17.7%. The 50 day moving average now sits at 29.33 and the 200 day MA is 29.48. The market cap for the company is $100,118m. Visit the company website at: https://www.bp.com

The potential market cap would be $117,866m based on the market concensus.

BP p.l.c. engages in the energy business worldwide. It operates through Gas & Low Carbon Energy, Oil Production & Operations, Customers & Products, and Rosneft segments. It produces and trades in natural gas; offers biofuels; operates onshore and offshore wind power, and solar power generating facilities; and provides de-carbonization solutions and services, such as hydrogen and carbon capture and storage. The company is also involved in the convenience and mobility business, which manages the sale of fuels to retail customers, convenience products, aviation fuels, and Castrol lubricants; and refining and trading of oil products, as well as operation of electric vehicle charging facilities. In addition, it produces and refines oil and gas; and invests in upstream, downstream, and alternative energy companies, as well as in advanced mobility, bio and low carbon products, carbon management, digital transformation, and power and storage areas. The company was founded in 1908 and is headquartered in London, the United Kingdom.

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    BP plc has released its Q1 2024 financial results, showing a profit of $2.7 billion. The company remains focused on growth and shareholder returns.
    BP plc (LON:BP) has released its Q4 and full-year 2023 results, showcasing a year of delivery with resilient financial performance and reduced net debt. The company remains committed to its strategy of becoming a simpler and higher-value company, focused on growing shareholder value.

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