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BP plc 1.4% Potential Upside Indicated by JP Morgan Cazenove

BP plc with EPIC/TICKER (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 is indicating the analyst believes there is a potential upside of 1.4% from today’s opening price of 592 GBX. Over the last 30 and 90 trading days the company share price has increased 70.4 points and increased 118.25 points respectively. The 1 year high stock price is 593.5 GBX while the year low stock price is currently 436.95 GBX.

BP plc has a 50 day moving average of 518.65 GBX and a 200 Day Moving Average share price is recorded at 497.76. There are currently 19,791,700,405 shares in issue with the average daily volume traded being 41,474,597. Market capitalisation for LON:BP is £116,998,641,776 GBP.