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BP plc 13.7% Potential Upside Indicated by Berenberg

BP plc using EPIC/TICKER code (LON:BP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. BP plc are listed in the Oil & Gas sector within UK Main Market. Berenberg have set their target price at 600 GBX on its stock. This is indicating the analyst believes there is a potential upside of 13.7% from today’s opening price of 527.9 GBX. Over the last 30 and 90 trading days the company share price has increased 27.8 points and decreased 6.6 points respectively. The 1 year high share price is 603.6 GBX while the 52 week low for the share price is 481.35 GBX.

BP plc has a 50 day moving average of 519.73 GBX and the 200 Day Moving Average price is recorded at 537.55. There are currently 20,355,584,309 shares in issue with the average daily volume traded being 48,152,149. Market capitalisation for LON:BP is £105,457,762,552 GBP.