BofA Adjusts PT on BP p.l.c. (BP) to 400 GBp From 370 GBp – Here’s Why

BP p.l.c. (NYSE:BP) is one of the most undervalued energy stocks to buy now. On March 13, BofA adjusted the price target on BP p.l.c. (NYSE:BP) to 400 GBp from 370 GBp and maintained an Outperform rating on the shares. Its commodities research team increased oil and gas price forecasts across 2026-27 to take into account the risks of a prolonged shutdown of the Strait of Hormuz, driving higher price targets across the firm’s European oil and gas coverage. Why BP PLC (BP) Soared on Monday BP p.l.c. (NYSE: ...

BofA Adjusts PT on BP p.l.c. (BP) to 400 GBp From 370 GBp – Here’s Why - Reportify