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Home / Stocks and Markets at Lows / BP PLC (BP.L) 03-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

BP PLC (BP.L) 03-02-20

Shares in BP PLC (BP.L) have dropped from recent highs of 582.5p. Are further falls imminent, or will investors benefit from this low price?

 

  • A return to previous highs would represent a rise of 27%. Now trading at 457.65p (at time of writing).
  • This stock is one of the most significant fallers in the period.
  • Is the fall justified? Is a bounce due?
  • The market has been known to over-react to negative news. Traders may wish to consider whether the fall is reasonable, or is the recent fall an over-reaction?
  • Contrarian traders should be mindful of fundamentals and events, which can influence price. Check our website for updates.
  • Shares -21% from 12-month highs; +0% from 12 month lows.

 

 

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