BP p.l.c. with ticker code (BP) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 39 and 22 calculating the mean target price we have 31.57. Given that the stocks previous close was at 25.89 this indicates there is a potential upside of 21.9%. The 50 day MA is 25.32 and the 200 moving average now moves to 23.03. The company has a market capitalisation of $89,521m. Company Website: http://www.bp.com
BP p.l.c. engages in the energy business worldwide. It operates through Gas & Low Carbon Energy, Oil Production & Operations, Customers & Products, and Rosneft segments. It produces and trades in natural gas; offers biofuels; operates onshore and offshore wind power, and solar power generating facilities; and provides de-carbonization solutions and services, such as hydrogen, and carbon capture, usage and storage. The company is also involved in the convenience and mobility business, which manages the sale of fuels to wholesale and retail customers, convenience products, aviation fuels, and Castrol lubricants; and refining, supply, and trading of oil products, as well as operation of electric vehicle charging facilities. In addition, it produces and refines oil and gas; and invests in upstream, downstream, and alternative energy companies, as well as in advanced mobility, bio and low carbon products, carbon management, digital transformation, and power and storage areas. BP p.l.c. was founded in 1908 and is headquartered in London, the United Kingdom.
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