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BP plc 37.9% Potential Upside Indicated by JP Morgan Cazenove

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 JP Morgan Cazenove. BP plc are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set a target price of 425 GBX on its stock. This would imply the analyst believes there is now a potential upside of 37.9% from the opening price of 308.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 7.9 points and increased 4.6 points respectively. The 52 week high for the share price is currently at 556.2 GBX while the year low share price is currently 222.9 GBX.

BP plc has a 50 day moving average of 323.39 GBX and a 200 day moving average of 410.80. There are currently 20,262,823,584 shares in issue with the average daily volume traded being 41,879,777. Market capitalisation for LON:BP is £62,712,956,475 GBP.

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