BP plc 24.4% Potential Upside Indicated by Kepler Cheuvreux

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 ‘BUY’ today by analysts at Kepler Cheuvreux. BP plc are listed in the Oil & Gas sector within UK Main Market. Kepler Cheuvreux have set a target price of 690 GBX on its stock. This now indicates the analyst believes there is a possible upside of 24.4% from the opening price of 554.5 GBX. Over the last 30 and 90 trading days the company share price has increased 34.7 points and increased 31.5 points respectively. The 1 year high stock price is 603.6 GBX while the year low stock price is currently 456.45 GBX.

BP plc has a 50 day moving average of 520.18 GBX and a 200 Day Moving Average share price is recorded at 554.86. There are currently 20,261,243,835 shares in issue with the average daily volume traded being 30,473,526. Market capitalisation for LON:BP is £113,502,401,611 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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