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BP plc 12.8% Potential Upside Indicated by Citigroup

BP plc using EPIC/TICKER code (LON:BP) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Citigroup. BP plc are listed in the Oil & Gas sector within UK Main Market. Citigroup have set their target price at 650 GBX on its stock. This now indicates the analyst believes there is a possible upside of 12.8% from the opening price of 576.2 GBX. Over the last 30 and 90 trading days the company share price has increased 79.5 points and increased 102.9 points respectively. The 1 year high stock price is 581.8 GBX while the 52 week low for the stock is 436.95 GBX.

BP plc has a 50 day moving average of 511.64 GBX and a 200 Day Moving Average share price is recorded at 495.70. There are currently 20,022,538,635 shares in issue with the average daily volume traded being 41,957,267. Market capitalisation for LON:BP is £115,710,255,660 GBP.