BP (BP) Stock Forecast & Price Target

GBX 434.30 +5.50 (+1.28%)

As of 01/17/2025

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

Hold

Based on 8 Analyst Ratings

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 37.00% from the current price of GBX 434.30.

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BP Analyst Ratings Over Time

Type	Current Forecast 1/19/24 to 1/18/25	1 Month Ago 12/20/23 to 12/19/24	3 Months Ago 10/21/23 to 10/20/24	1 Year Ago 1/19/23 to 1/19/24
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)	1 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	GBX 595	GBX 605	GBX 632	GBX 631.22
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.

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.

BP Stock vs. The Competition

Type	BP	Energy Companies
Consensus Rating Score	2.38	2.81
Consensus Rating	Hold	Moderate Buy
News Sentiment Rating	Neutral News See Recent BP News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
1/14/2025	JPMorgan Chase & Co. 3 of 5 stars	Boost Target	Underweight	GBX 425 ➝ GBX 440	+2.04%
12/16/2024	Jefferies Financial Group 2 of 5 stars	Reiterated Rating	Buy	GBX 540	+36.38%
11/29/2024	Berenberg Bank 2 of 5 stars	Lower Target	Hold	GBX 470 ➝ GBX 440	+14.39%
9/4/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	GBX 500	+20.09%
6/18/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform	GBX 650	+41.10%
5/14/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight
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4/8/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight	GBX 1,000	+97.59%
2/12/2024	AlphaValue Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Reduce
10/6/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
10/5/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		GBX 650 ➝ GBX 660	+32.15%
8/9/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		GBX 515 ➝ GBX 555	+15.62%
5/4/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		GBX 630 ➝ GBX 610	+25.23%
5/3/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	GBX 551	+12.83%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:59 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 Tuesday, January 14, 2025. Please send any questions or comments about these BP pros and cons to contact@marketbeat.com.

BP
Bull Case

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

BP p.l.c. has recently received multiple "strong-buy" ratings from major investment firms, indicating strong confidence in the stock's potential for growth.
The current stock price is $28.98, which may present a buying opportunity for investors looking for value in the energy sector.
BP p.l.c. has declared a quarterly dividend of $0.48, resulting in an attractive annualized dividend yield of 6.63%, which can provide a steady income stream for investors.
The company reported earnings per share (EPS) of $0.83, exceeding analysts' expectations, which reflects strong operational performance despite a decline in revenue.
With a market capitalization of $78.61 billion, BP p.l.c. is a significant player in the oil and gas industry, providing stability and potential for long-term growth.

BP
Bear Case

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

Scotiabank recently lowered BP's target price from $42.00 to $36.00, suggesting a potential decrease in the stock's value.
The company experienced an 11.3% decline in quarterly revenue compared to the same period last year, indicating challenges in maintaining sales growth.
BP p.l.c. has a high dividend payout ratio of 200.00%, which may raise concerns about the sustainability of its dividend payments in the future.
Analysts have mixed ratings on BP p.l.c., with a significant number holding a "hold" rating, which may indicate uncertainty about the stock's future performance.
The stock has a beta of 0.65, suggesting lower volatility compared to the market, which may limit potential gains for investors seeking high-risk, high-reward opportunities.

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 equities research analysts have issued "buy," "hold," and "sell" ratings for BP in the last year. There are currently 2 sell ratings, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research 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 37.00% 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.

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This page (LON:BP) was last updated on 1/18/2025 by MarketBeat.com Staff

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BP (BP) Stock Forecast & Price Target