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BP plc 13.3% Potential Upside Indicated by Credit Suisse

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 Credit Suisse. BP plc are listed in the Oil & Gas sector within UK Main Market. Credit Suisse have set a target price of 640 GBX on its stock. This indicates the analyst now believes there is a potential upside of 13.3% from the opening price of 564.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 5.8 points and increased 46.4 points respectively. The 52 week high share price is 593.5 GBX while the 52 week low is 436.95 GBX.

BP plc has a 50 day moving average of 579.79 GBX and the 200 Day Moving Average price is recorded at 523.05. There are currently 19,987,623,936 shares in issue with the average daily volume traded being 39,320,445. Market capitalisation for LON:BP is £113,848,062,791 GBP.