BP p.l.c. with ticker code (BP) have now 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 60 and 28 calculating the average target price we see 37.21. Now with the previous closing price of 31.53 this would indicate that there is a potential upside of 18.0%. The day 50 moving average is 28.2 and the 200 moving average now moves to 26.81. The market capitalisation for the company is $101,960m. Company Website: https://www.bp.com
The potential market cap would be $120,327m 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, usage and storage. The company is also involved in the convenience and mobility business, which manages the sale of fuels to wholesale and retail customers, convenience products, aviation fuels, and Castrol lubricants; and refining, supply, 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. BP p.l.c. was founded in 1908 and is headquartered in London, the United Kingdom.
