Home » Reports » BP plc 4.1% Potential Decrease Indicated by Morgan Stanley

BP plc 4.1% Potential Decrease 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 their target price at 245 GBX on its stock. This would imply the analyst believes there is a potential downside of -4.1% from today’s opening price of 255.35 GBX. Over the last 30 and 90 trading days the company share price has decreased 207.45 points and decreased 230.35 points respectively. The 52 week high for the stock is 583.41 GBX while the 52 week low for the share price is 4.82 GBX.

BP plc has a 50 day moving average of 437.48 GBX and a 200 Day Moving Average share price is recorded at 493.76. There are currently 20,256,101,105 shares in issue with the average daily volume traded being 69,104,076. Market capitalisation for LON:BP is £52,915,041,570 GBP.

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