BP plc 28.8% Potential Upside Indicated by Barclays Capital

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 ‘OVERWEIGHT’ today by analysts at Barclays Capital. BP plc are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set their target price at 400 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 28.8% from the opening price of 310.45 GBX. Over the last 30 and 90 trading days the company share price has decreased 0.55 points and decreased 31.2 points respectively. The 52 week high share price is 563.04 GBX while the 52 week low for the share price is 222.9 GBX.

BP plc has a 50 day moving average of 326.27 GBX and the 200 Day Moving Average price is recorded at 421.31. There are currently 2,337,336,222 shares in issue with the average daily volume traded being 52,154,029. Market capitalisation for LON:BP is £62,707,454,353 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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