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BP shares rise 1.89% premarket after Berenberg upgrades stock to Buy.
ByAinvest
Thursday, Aug 7, 2025 7:06 am ET1min read
Bp P.L.C. rose 1.89% in premarket trading, with the stock being upgraded to Buy by Berenberg, which also raised its target price from GBX 385 to GBX 500. Additionally, BP announced a potential partnership with Petrobras to develop the Bumerangue block in Brazil, which is considered BP's largest global discovery in 25 years.
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