BP plc 8.3% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

BP plc using EPIC/TICKER code (LON:BP) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning 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 625 GBX on its stock. This now indicates the analyst believes there is a possible upside of 8.3% from the opening price of 576.9 GBX. Over the last 30 and 90 trading days the company share price has increased 29.1 points and increased 60.2 points respectively. The 1 year high for the stock price is 603.6 GBX while the 52 week low for the share price is 481.35 GBX.

BP plc has a 50 day moving average of 551.07 GBX and the 200 Day Moving Average price is recorded at 548.90. There are currently 20,345,694,052 shares in issue with the average daily volume traded being 33,616,594. Market capitalisation for LON:BP is £116,606,191,836 GBP.

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