BP plc 11.5% Potential Upside Indicated by Berenberg

Broker Ratings
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BP plc using EPIC/TICKER code (LON:BP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Berenberg. BP plc are listed in the Oil & Gas sector within UK Main Market. Berenberg have set their target price at 300 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 11.5% from today’s opening price of 269 GBX. Over the last 30 and 90 trading days the company share price has decreased 169.25 points and decreased 222.5 points respectively. The 52 week high share price is 583.41 GBX while the 52 week low for the share price is 4.82 GBX.

BP plc has a 50 day moving average of 428.04 GBX and a 200 day moving average of 490.92. There are currently 20,256,101,105 shares in issue with the average daily volume traded being 75,693,929. Market capitalisation for LON:BP is £58,143,871,325 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.
    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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