BP plc 34.1% 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’ this morning 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 700 GBX on its stock. This is indicating the analyst believes there is a potential upside of 34.1% from today’s opening price of 522.1 GBX. Over the last 30 and 90 trading days the company share price has increased 5.3 points and decreased 39.1 points respectively. The 52 week high for the share price is currently at 603.6 GBX while the 52 week low is 452.5 GBX.

BP plc has a 50 day moving average of 525.04 GBX and a 200 Day Moving Average share price is recorded at 554.37. There are currently 105,801,310 shares in issue with the average daily volume traded being 39,287,809. Market capitalisation for LON:BP is £106,457,343,274 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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