BP's share price undervalues its potential, says RBC
7th Dec 2023 14:04
(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' rating on BP, saying that energy giant's current share price is undervaluing the business.
Read moreLondon close: Stocks finish weaker as commodities drag
4th Dec 2023 15:46
(Sharecast News) - London's equity markets closed lower on Monday as investors kept a watchful eye on upcoming US jobs data, while gold prices surged to record highs.
Read moreLondon close: Stocks mixed after US, Europe inflation data
30th Nov 2023 15:16
(Sharecast News) - London's markets finished with a mixed performance on Thursday, with the top-flight index lifted by the likes of BP and Shell.
Read moreLondon close: Stocks make small gains on quiet Thursday
23rd Nov 2023 16:09
(Sharecast News) - London's stock markets saw a positive turnaround by the end of the day on Thursday despite subdued trading activity due to the Thanksgiving holiday in the United States.
Read moreSector movers: Oil stocks skid after OPEC+ surprise
22nd Nov 2023 18:56
(Sharecast News) - Weakness in the oil patch after OPEC+ delayed its next ministerial meeting amid a squabble over production quotas weighed on the FTSE 350.
Read moreLondon close: Stocks tumble on Powell comments as GDP stagnates
10th Nov 2023 15:45
(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.
Read moreBerenberg ups BP target but sees greater upside elsewhere
2nd Nov 2023 10:19
(Sharecast News) - Berenberg has lifted its target price for oil titan BP after this week's third-quarter results, but kept a 'hold' rating, saying it sees more attractive investments elsewhere in the sector.
Read moreLondon close: Stocks rise ahead of US Fed policy decision
1st Nov 2023 16:35
(Sharecast News) - London's stock market finished in positive territory on Wednesday, with investors keeping a keen eye on the upcoming policy announcement from the US Federal Reserve.
Read moreJPMorgan Cazenove downgrades BP to 'underweight'
1st Nov 2023 12:10
(Sharecast News) - JPMorgan Cazenove downgraded BP on Wednesday to 'underweight' from 'neutral' and cut the price target to 550p from 615p.
Read moreLondon close: Stocks finish mixed, Rolls-Royce jumps on upgrade
31st Oct 2023 15:41
(Sharecast News) - London's stock markets saw a mixed performance on Tuesday, with Rolls-Royce recording solid gains after a rating upgrade, while BP fell on disappointing third-quarter numbers.
Read moreBP announces $1.5bn buyback as Q3 underlying profits rise 27%
31st Oct 2023 07:14
(Sharecast News) - Oil titan BP has announced a new $1.5bn share buyback after reporting an underlying replacement cost profit of $3.3bn for the third quarter - but the bottom line came in well under market forecasts.
Read moreTuesday preview: BP in the spotlight
30th Oct 2023 12:56
(Sharecast News) - Financial markets' focus on Tuesday will be on the Bank of Japan as its top officials meet to decide on monetary policy.
Read moreLondon close: Stocks finish lower on global stability concerns
13th Oct 2023 16:45
(Sharecast News) - London stocks ended on a downbeat note on Friday after a hotter-than-expected US inflation print overnight, and escalating oil and gas prices fuelled anxiety across the board.
Read moreLondon close: Stocks mixed as US inflation comes in slightly hot
12th Oct 2023 16:02
(Sharecast News) - London markets ended with a mixed outcome on Thursday, as investors digested a fresh inflation reading out of the US, as well as a slight uptick in the UK economy.
Read moreBroker tips: BP, Rio Tinto, Hochschild Mining
11th Oct 2023 14:34
(Sharecast News) - Barclays said on Tuesday that it expects a positive reaction to the ongoing BP capital markets day.
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