Where next for FTSE 100 shares Barratt, BP and RB?
The prospects for FTSE 100 shares BP plc (LON:BP) (BP.L), Reckitt Benckiser Group Plc (LON:RB) (RB.L) and Barratt Developments Plc (LON:BDEV) (BDEV.L) are positive in my opinion. BP’s shares may have been increasingly in-demand among investors of late due to geopolitical risks causing the oil price to spike, but I think they could prove to be volatile in the short run. I feel that with a dividend yield above 5% and the company reporting positive momentum in its Upstream and Downstream performance in its last results, its long-term prospects could be bright. Therefore, while I’m generally upbeat about the oil and gas sector, it wouldn’t surprise me if the BP share price outperformed many of its sector peers. RB and its peers are unlikely to experience uninterrupted growth to my mind, since there is rarely frictionless growth. But its solid brand portfolio could enable the RB share price to make a recovery in my view over the long run.