BP plc 25.1% Potential Upside Indicated by Credit Suisse

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 ‘OUTPERFORM’ today by analysts at Credit Suisse. BP plc are listed in the Oil & Gas sector within UK Main Market. Credit Suisse have set their target price at 640 GBX on its stock. This would imply the analyst believes there is now a potential upside of 25.1% from today’s opening price of 511.5 GBX. Over the last 30 and 90 trading days the company share price has increased 12.6 points and decreased 14.5 points respectively. The 52 week high for the stock is 603.6 GBX while the year low stock price is currently 452.5 GBX.

BP plc has a 50 day moving average of 521.55 GBX and a 200 day moving average of 555.36. There are currently 20,260,732,488 shares in issue with the average daily volume traded being 33,822,532. Market capitalisation for LON:BP is £103,787,795,938 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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