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BP plc 9.6% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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BP plc using EPIC/TICKER code (LON:BP) has 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 their target price at 600 GBX on its stock. This indicates the analyst now believes there is a potential upside of 9.6% from the opening price of 547.6 GBX. Over the last 30 and 90 trading days the company share price has increased 26.8 points and increased 22.6 points respectively. The 1 year high for the stock price is 603.6 GBX while the year low stock price is currently 456.45 GBX.

BP plc has a 50 day moving average of 521.31 GBX and the 200 Day Moving Average price is recorded at 554.85. There are currently 20,260,266,756 shares in issue with the average daily volume traded being 32,595,007. Market capitalisation for LON:BP is £111,353,077,053 GBP.

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