BP p.l.c. – Consensus Indicates Potential 22.7% Upside

Broker Ratings

BP p.l.c. found using ticker (BP) now have 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 49 and 31 and has a mean target at 38.06. With the stocks previous close at 31.03 this would imply there is a potential upside of 22.7%. There is a 50 day moving average of 30.06 while the 200 day moving average is 28.54. The company has a market cap of $101,411m. Company Website: https://www.bp.com

The potential market cap would be $124,387m 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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