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BP plc 13.3% Potential Upside Indicated by Societe Generale

BP plc with EPIC/TICKER (LON:BP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Societe Generale. BP plc are listed in the Oil & Gas sector within UK Main Market. Societe Generale have set their target price at 560 GBX on its stock. This indicates the analyst now believes there is a potential upside of 13.3% from the opening price of 494.05 GBX. Over the last 30 and 90 trading days the company share price has decreased 21.75 points and decreased 48.45 points respectively. The 1 year high for the share price is 583.41 GBX while the year low share price is currently 479.55 GBX.

BP plc has a 50 day moving average of 509.08 GBX and a 200 Day Moving Average share price is recorded at 536.43. There are currently 20,348,345,035 shares in issue with the average daily volume traded being 41,039,567. Market capitalisation for LON:BP is £101,518,266,850 GBP.