BP plc 33.9% Potential Upside Indicated by Kepler Cheuvreux

Broker Ratings
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BP plc with EPIC/TICKER (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 their target price at 620 GBX on its stock. This would imply the analyst believes there is now a potential upside of 33.9% from the opening price of 463 GBX. Over the last 30 and 90 trading days the company share price has decreased 30.5 points and decreased 30.05 points respectively. The 1 year high share price is 583.41 GBX while the year low share price is currently 450 GBX.

BP plc has a 50 day moving average of 484.57 GBX and a 200 Day Moving Average share price is recorded at 512.86. There are currently 20,253,277,370 shares in issue with the average daily volume traded being 38,703,673. Market capitalisation for LON:BP is £93,401,108,925 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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