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BP plc 15.3% Potential Upside Indicated by Morgan Stanley

BP plc using EPIC/TICKER code (LON:BP) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘EQUAL WEIGHT’ today by analysts at Morgan Stanley. BP plc are listed in the Oil & Gas sector within UK Main Market. Morgan Stanley have set a target price of 550 GBX on its stock. This is indicating the analyst believes there is a potential upside of 15.3% from today’s opening price of 477.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 55.5 points and decreased 22.55 points respectively. The 52 week high share price is 536.2 GBX while the 52 week low is 436.95 GBX.

BP plc has a 50 day moving average of 512.86 GBX and the 200 Day Moving Average price is recorded at 482.05. There are currently 19,931,157,059 shares in issue with the average daily volume traded being 30,928,151. Market capitalisation for LON:BP is £94,772,651,816 GBP.

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