BP plc 7.5% Potential Upside Indicated by Societe Generale

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 Societe Generale. BP plc are listed in the Oil & Gas sector within UK Main Market. Societe Generale have set their target price at 525 GBX on its stock. This is indicating the analyst believes there is a potential upside of 7.5% from the opening price of 488.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 10.3 points and decreased 22.3 points respectively. The 1 year high for the share price is 583.41 GBX while the year low stock price is currently 452.7 GBX.

BP plc has a 50 day moving average of 485.90 GBX and a 200 day moving average of 515.88. There are currently 20,253,277,370 shares in issue with the average daily volume traded being 37,613,131. Market capitalisation for LON:BP is £97,472,919,277 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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