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BP plc 37.8% Potential Upside Indicated by Bernstein

BP plc using EPIC/TICKER code (LON:BP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Bernstein. BP plc are listed in the Oil & Gas sector within UK Main Market. Bernstein have set their target price at 710 GBX on its stock. This indicates the analyst now believes there is a potential upside of 37.8% from today’s opening price of 515.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 30.8 points and decreased 18.2 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 545.76 GBX and a 200 day moving average of 541.92. There are currently 20,386,244,440 shares in issue with the average daily volume traded being 35,181,610. Market capitalisation for LON:BP is £104,135,344,601 GBP.