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BP plc 21.4% Potential Upside Indicated by Jefferies International

BP plc with EPIC/TICKER (LON:BP) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. BP plc are listed in the Oil & Gas sector within UK Main Market. Jefferies International have set a target price of 590 GBX on its stock. This is indicating the analyst believes there is a potential upside of 21.4% from today’s opening price of 486.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 30.9 points and decreased 31.9 points respectively. The 52 week high for the share price is currently at 583.41 GBX while the year low share price is currently 479.55 GBX.

BP plc has a 50 day moving average of 509.57 GBX and a 200 day moving average of 537.48. There are currently 20,374,845,481 shares in issue with the average daily volume traded being 43,249,700. Market capitalisation for LON:BP is £98,417,856,715 GBP.