BP (BP) Stock Forecast & Price Target

GBX 380.10 -5.00 (-1.30%)

(As of 12/17/2024 ET)

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 605

According to the 8 analysts' twelve-month price targets for BP, the average price target is GBX 605. 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 59.17% from the current price of GBX 380.10.

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BP Analyst Ratings Over Time

Type	Current Forecast 12/19/23 to 12/18/24	1 Month Ago 11/19/23 to 11/18/24	3 Months Ago 9/20/23 to 9/19/24	1 Year Ago 12/19/22 to 12/19/23
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)	4 Buy rating(s)	5 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 Target	GBX 605	GBX 632	GBX 636.67	GBX 618.10
Consensus Rating	Hold	Hold	Hold	Moderate Buy

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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	2.82
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
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%
9/24/2024	JPMorgan Chase & Co. 3 of 5 stars	Reiterated Rating	Underweight
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
Get the Latest News and Ratings for BP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for BP and its competitors with MarketBeat's FREE daily newsletter.
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 Wednesday at 09:04 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 Sunday, December 15, 2024. 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. recently reported earnings per share (EPS) of $0.83, exceeding analysts' expectations of $0.78, indicating strong financial performance.
The company has declared a quarterly dividend of $0.48 per share, which translates to an annualized dividend yield of 6.62%, providing a steady income stream for investors.
With a market capitalization of $7.85 billion, BP p.l.c. is positioned as a significant player in the oil and gas sector, which can attract institutional investors.
The stock is currently trading at approximately $31.05, which is below its 200-day moving average price of $33.81, suggesting potential for price appreciation as it may revert to the mean.
BP p.l.c. has a relatively low debt-to-equity ratio of 0.66, indicating a balanced approach to leveraging, which can be a sign of financial stability.

BP
Bear Case

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

The company experienced a revenue decline of 11.3% compared to the same quarter last year, which may raise concerns about its growth prospects.
BP p.l.c. has a high dividend payout ratio of 200.00%, which could indicate that the dividend is not sustainable if earnings do not improve.
Analysts have mixed ratings on BP p.l.c., with some maintaining a "hold" rating and others issuing a "sell" rating, reflecting uncertainty in the stock's future performance.
The stock has recently reached a 52-week low, which may signal a bearish trend and investor caution.
With a beta of 0.65, BP p.l.c. is less volatile than the market, which may limit potential gains during bullish market conditions.

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 605, 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 twelve months. 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 59.17% 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 12/18/2024 by MarketBeat.com Staff

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BP (BP) Stock Forecast & Price Target