What happened to BP plc shares?

Shares of BP PLC BP, -2.24% inched down 0.32% to £4.70 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the FTSE 100 Index UKX, -1.27% falling 0.09% to 7,495.93. BP PLC closed 34.85 pence short of its 52-week high (£5.04), which the company achieved on November 4.

Is BP a value stock right now?

BP p.l.c. is the very definition and a classic example of a value stock right now. The market must be pricing in a complete collapse of oil and gas prices and refining volumes, which I believe is unlikely. With ESG more and more important, BP's energy transition strategy is taking shape nicely.

What was the last IC recommendation on BP plc shares?

The last IC recommendation on BP PLC shares was Hold at 482.00 on 06 Feb 2024 Read the full article Latest BP PLC (BP.:LSE) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more.