BP plc 47.6% Potential Upside Indicated by Goldman Sachs

Broker Ratings

BP plc with EPIC/TICKER (LON:BP) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘CONVICTION BUY’ today by analysts at Goldman Sachs. BP plc are listed in the Oil & Gas sector within UK Main Market. Goldman Sachs have set a target price of 730 GBX on its stock. This indicates the analyst now believes there is a potential upside of 47.6% from the opening price of 494.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 10.2 points and decreased 53.9 points respectively. The 52 week high share price is 596.8 GBX while the year low stock price is currently 479.55 GBX.

BP plc has a 50 day moving average of 514.05 GBX and a 200 day moving average of 537.99. There are currently 20,428,104,931 shares in issue with the average daily volume traded being 42,849,291. Market capitalisation for LON:BP is £102,521,254,723 GBP.

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