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BP plc 10.2% Potential Upside Indicated by JP Morgan Cazenove

BP plc using EPIC/TICKER code (LON:BP) 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 575 GBX on its stock. This would imply the analyst believes there is now a potential upside of 10.2% from the opening price of 521.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 24.3 points and decreased 34 points respectively. The 1 year high share price is 603.6 GBX while the 52 week low is 452.5 GBX.

BP plc has a 50 day moving average of 557.15 GBX and a 200 Day Moving Average share price is recorded at 548.19. There are currently 20,056,127,949 shares in issue with the average daily volume traded being 43,704,642. Market capitalisation for LON:BP is £105,084,228,406 GBP.