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BP plc 27.8% Potential Upside Indicated by Barclays Capital

BP plc using EPIC/TICKER code (LON:BP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. BP plc are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set a target price of 650 GBX on its stock. This would imply the analyst believes there is now a potential upside of 27.8% from the opening price of 508.7 GBX. Over the last 30 and 90 trading days the company share price has increased 7.1 points and increased 0.9 points respectively. The 1 year high for the share price is 583.41 GBX while the 52 week low is 479.55 GBX.

BP plc has a 50 day moving average of 510.05 GBX and a 200 Day Moving Average share price is recorded at 536.35. There are currently 1,355,040,243 shares in issue with the average daily volume traded being 41,325,399. Market capitalisation for LON:BP is £102,990,069,039 GBP.