BP plc 9.7% Potential Upside Indicated by RBC Capital Markets

Broker Ratings

BP plc using EPIC/TICKER code (LON:BP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at RBC Capital Markets. BP plc are listed in the Oil & Gas sector within UK Main Market. RBC Capital Markets have set their target price at 615 GBX on its stock. This would imply the analyst believes there is now a potential upside of 9.7% from today’s opening price of 560.7 GBX. Over the last 30 and 90 trading days the company share price has increased 1.5 points and increased 40.8 points respectively. The 1 year high stock price is 603.6 GBX while the year low stock price is currently 481.35 GBX.

BP plc has a 50 day moving average of 557.26 GBX and the 200 Day Moving Average price is recorded at 548.44. There are currently 20,347,067,634 shares in issue with the average daily volume traded being 27,455,892. Market capitalisation for LON:BP is £113,282,011,040 GBP.

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