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BP (BP) Stock Forecast & Price Target

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GBX 420.25 -10.95 (-2.54%)
As of 01/14/2025

BP - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
2
Hold
1
Buy
5

Based on 8 Wall Street analysts who have issued ratings for BP in the last 12 months, the stock has a consensus rating of "Hold." Out of the 8 analysts, 2 have given a sell rating, 1 has given a hold rating, and 5 have given a buy rating for BP.

Consensus Price Target

GBX 595
According to the 8 analysts' twelve-month price targets for BP, the average price target is GBX 595. The highest price target for BP is GBX 1,000, while the lowest price target for BP is GBX 440. The average price target represents a forecasted upside of 41.58% from the current price of GBX 420.25.
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BP Analyst Ratings Over Time

TypeCurrent Forecast
1/16/24 to 1/15/25
1 Month Ago
12/17/23 to 12/16/24
3 Months Ago
10/18/23 to 10/17/24
1 Year Ago
1/16/23 to 1/16/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
5 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetGBX 595GBX 605GBX 632GBX 618.10
Consensus Rating
Hold
Hold
Hold
Moderate Buy

BP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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BP Stock vs. The Competition

TypeBPEnergy Companies
Consensus Rating Score
2.38
2.81
Consensus RatingHoldModerate Buy
News Sentiment Rating
Positive News

See Recent BP News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/14/2025JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetUnderweightGBX 425 ➝ GBX 440+2.04%
12/16/2024Jefferies Financial Group
2 of 5 stars
 Reiterated RatingBuyGBX 540+36.38%
11/29/2024Berenberg Bank
2 of 5 stars
 Lower TargetHoldGBX 470 ➝ GBX 440+14.39%
9/4/2024Bank of America
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 Reiterated RatingBuyGBX 500+20.09%
6/18/2024Royal Bank of Canada
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 Reiterated RatingOutperformGBX 650+41.10%
5/14/2024Morgan Stanley
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 Reiterated RatingOverweight
4/8/2024Barclays
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 Reiterated RatingOverweightGBX 1,000+97.59%
2/12/2024AlphaValue
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 DowngradeReduce
10/6/2023Citigroup
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 Reiterated RatingBuy
10/5/2023The Goldman Sachs Group
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 Boost TargetGBX 650 ➝ GBX 660+32.15%
8/9/2023HSBC
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 Boost TargetGBX 515 ➝ GBX 555+15.62%
5/4/2023Credit Suisse Group
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 Lower TargetGBX 630 ➝ GBX 610+25.23%
5/3/2023Deutsche Bank Aktiengesellschaft
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 Reiterated RatingBuyGBX 551+12.83%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 05:47 AM ET.


Should I Buy BP Stock? BP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, January 3, 2025. Please send any questions or comments about these BP pros and cons to contact@marketbeat.com.

BP
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in BP p.l.c.:

  • BP p.l.c. has recently declared a quarterly dividend of $0.48, which represents a strong annualized yield of 6.63%. This high dividend yield can provide a steady income stream for investors.
  • The stock is currently trading at approximately $28.98, which is near its 12-month low of $27.82. This could present a buying opportunity for investors looking for value in a potentially undervalued stock.
  • Analysts have given BP p.l.c. a consensus rating of "Hold" with a price target of $42.73, indicating potential upside for investors if the stock price moves towards this target.
  • BP p.l.c. has received multiple "strong-buy" ratings from major investment firms, suggesting confidence in the company's future performance and growth potential.
  • The company operates in the energy sector, which is essential and often resilient, providing a level of stability even during economic fluctuations.

BP
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in BP p.l.c. for these reasons:

  • BP p.l.c. has a high debt-to-equity ratio of 0.66, indicating that the company relies significantly on debt to finance its operations, which can be risky in volatile markets.
  • The company reported a quarterly revenue decline of 11.3% compared to the same quarter last year, which may signal challenges in maintaining sales and profitability.
  • Despite the recent dividend announcement, BP p.l.c. has a very high payout ratio of 200.00%, suggesting that it may be paying out more in dividends than it earns, which could be unsustainable in the long term.
  • Market analysts have issued mixed ratings, with some maintaining "underweight" positions, indicating a lack of confidence in the stock's short-term performance.
  • The stock has experienced significant volatility, with a wide range between its 12-month high of $40.40 and its recent lows, which may deter risk-averse investors.

BP Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for BP is GBX 595, with a high forecast of GBX 1,000 and a low forecast of GBX 440.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BP in the last twelve months. There are currently 2 sell ratings, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BP, but not buy additional shares or sell existing shares.

According to analysts, BP's stock has a predicted upside of 41.58% based on their 12-month stock forecasts.

BP has been rated by research analysts at Berenberg Bank, Jefferies Financial Group, and JPMorgan Chase & Co. in the past 90 days.

Analysts like BP less than other "energy" companies. The consensus rating for BP is Hold while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how BP compares to other companies.


This page (LON:BP) was last updated on 1/15/2025 by MarketBeat.com Staff
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