BP plc 26.8% Potential Upside Indicated by UBS

Broker Ratings
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BP plc with EPIC/TICKER (LON:BP) has had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘BUY’ this morning by analysts at UBS. BP plc are listed in the Oil & Gas sector within UK Main Market. UBS have set a target price of 440 GBX on its stock. This now indicates the analyst believes there is a possible upside of 26.8% from today’s opening price of 347 GBX. Over the last 30 and 90 trading days the company share price has increased 28.8 points and decreased 154.5 points respectively. The 1 year high for the stock price is 583.41 GBX while the 52 week low is 4.82 GBX.

BP plc has a 50 day moving average of 398.02 GBX and a 200 Day Moving Average share price is recorded at 480.13. There are currently 20,263,933,456 shares in issue with the average daily volume traded being 99,476,464. Market capitalisation for LON:BP is £69,928,989,150 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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