Broker Recommendations

RBC Capital upgrades BP to 'overweight'

By Michele Maatouk

Date: Monday 11 May 2026

(Sharecast News) - RBC Capital Markets upgraded BP on Monday to 'outperform' from 'sector perform' as it said the current commodity price environment provides another chance to deleverage.
The bank, which left its price target at 700p, noted that it has been critical of BP's capital allocation over recent years, across...

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