Broker Recommendations

Jefferies upgrades BP to 'buy'

By Michele Maatouk

Date: Monday 04 Mar 2024

(Sharecast News) - Jefferies upgraded BP on Monday to 'buy' from 'hold' and lifted the price target to 570p from 520p.
The bank says it expects the stock to continue to close its valuation gap versus peers, supported by a greater focus on distributions, reduced capex risk and relatively conservative consensus...

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