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BP plc Enters Oversold Territory

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BP plc’s (BP - Free Report) share price has entered into oversold territory with an RSI value of 30.27. The Zacks Consensus Estimate on BP’s earnings for the full year period have moved higher by 3 cents over the past two months to $4.98 per share. Currently, BP plc is a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (BP - Free Report) after its recent drop.

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