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BP plc 12.9% Potential Upside Indicated by RBC Capital Markets

BP plc using EPIC/TICKER code (LON:BP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at RBC Capital Markets. BP plc are listed in the Oil & Gas sector within UK Main Market. RBC Capital Markets have set a target price of 575 GBX on its stock. This indicates the analyst now believes there is a potential upside of 12.9% from today’s opening price of 509.1 GBX. Over the last 30 and 90 trading days the company share price has increased 2.2 points and decreased 31.4 points respectively. The 1 year high for the stock price is 603.6 GBX while the year low stock price is currently 481.35 GBX.

BP plc has a 50 day moving average of 521.45 GBX and a 200 day moving average of 537.73. There are currently 201,941,918 shares in issue with the average daily volume traded being 48,611,597. Market capitalisation for LON:BP is £103,220,105,553 GBP.