BP plc 11.3% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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BP plc using EPIC/TICKER code (LON:BP) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Deutsche Bank. BP plc are listed in the Oil & Gas sector within UK Main Market. Deutsche Bank have set a target price of 615 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 11.3% from the opening price of 552.8 GBX. Over the last 30 and 90 trading days the company share price has increased 14.8 points and increased 59 points respectively. The 52 week high for the stock is 603.6 GBX while the year low stock price is currently 456.45 GBX.

BP plc has a 50 day moving average of 535.16 GBX and a 200 day moving average of 550.33. There are currently 20,257,318,019 shares in issue with the average daily volume traded being 39,167,881. Market capitalisation for LON:BP is £112,994,943,777 GBP.

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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.
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