'Many happy returns': Barclays names 2 global stocks it says has over 100% upside to play right now

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BP PLC News

London Stock Exchange Group PLC,STOXX 600,Barclays PLC

The 'growth/policy mix in Europe is getting more favorable,' the bank says.

Shares of British luxury sports car manufacturer Aston Martin are set to rise more than twofold in the next 12 months, according to analysts from Barclays. The investment bank has an overweight rating on the stock at a price target of £300 , giving it potential upside of about 116.5% from its closing price of £138.60 on May 30. Aston Martin is listed on the London Stock Exchange under the ticker AML. It is also traded in U.S.' over-the-counter markets as AMGDF-US.

2% upside from its closing price of £4.85 on May 30. BP is traded on the London Stock exchange and in the U.S. as an American depositary receipt as BP-US. Its London-listed shares have edged up by 4% in the last 12 months. Barclays' optimism on the company comes even as it's first-quarter results fell below analyst expectations amid a "significantly weaker" margin in fuels and lower gas and oil prices.

 

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