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BP p.l.c. (GB:BP)
LSE:BP
BP p.l.c. (BP) Share Forecast & Price Target
1,014 Followers
See the Price Targets and Ratings of:
BP Analyst Ratings
Moderate Buy
9 Buy
2 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
BP Stock 12 Month Forecast
Average Price Target
622.92p
▲(36.04% Upside)
| Highest Price Target1,000.00p | Average Price Target622.92p | Lowest Price Target510.00p |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Kepler Capital
Reiterated
07/16/24
Morgan Stanley
Downgraded
07/15/24
Bernstein
Reiterated
07/12/24
Barclays
Reiterated
07/10/24
Goldman Sachs
Reiterated
07/10/24
Jefferies
Reiterated
07/09/24
RBC Capital
Reiterated
07/09/24
J.P. Morgan
Reiterated
07/09/24
Citi
Reiterated
06/21/24
DBS
580p
Buy
580.00p
(26.67% Upside)
Reiterated
05/08/24
We have a BUY call on BP with a TP of GBP5.80. We have a BUY call on BP with a TP of GBP5.80. Our TP is based on a 1.4x forward P/BV multiple, which is lower than sector median of 1.7x and conservative compared to c.20% ROE in the near term. We believe current valuations are unjustified given elevated oil & gas price environment. BP's slight pivot away from low carbon growth and focus back on hydrocarbons last year led to a valuation rebound, and a sharper focus on hydrocarbon growth strategy and shareholder returns via buybacks could provide further catalysts in future.
Erste Group
―
Buy
―
Upgraded
04/03/24
Erste Group upgrades BP (BP) to Buy, share price should continue to rise
Redburn Atlantic
590p
Buy
590.00p
(28.85% Upside)
Upgraded
01/09/24
BP upgraded to Buy from Neutral at Redburn AtlanticBP upgraded to Buy from Neutral at Redburn Atlantic
Bank of America Securities
540p→500p
Hold
500.00p
(9.19% Upside)
Reiterated
12/07/23
BP Plc. (BP:LN) (BP) PT Lowered to GBP5 at BofA SecuritiesBofA Securities analyst Christopher Kuplent lowered the price target on BP Plc. (BP:LN) (NYSE: BP) to GBP5.00 (from GBP5.40) while maintaining a Neutral rating.
Best Analysts Covering BP p.l.c.
Which Analyst Should I Follow If I Want to Buy GB:BP and Sell After:
1 Month
xxx
Success Rate
22/41 ratings generated profit
Average Return
+0.84%
reiterated a xxx
rating 14 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 53.66% of your transactions generating a profit, with an average return of +0.84% per trade.
3 Months
xxx
Success Rate
10/15 ratings generated profit
Average Return
+5.64%
reiterated a xxx
rating 11 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +5.64% per trade.
1 Year
Success Rate
11/15 ratings generated profit
Average Return
+17.01%
reiterated a buy rating 11 days ago
Copying Irene Himona's trades and holding each position for 1 Year would result in 73.33% of your transactions generating a profit, with an average return of +17.01% per trade.
2 Years
xxx
Success Rate
11/15 ratings generated profit
Average Return
+31.57%
reiterated a xxx
rating 11 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 73.33% of your transactions generating a profit, with an average return of +31.57% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
BP Analyst Recommendation Trends
Rating
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
2
1
0
0
0
Buy
22
26
27
29
27
Hold
3
2
1
1
2
Sell
1
0
0
0
0
Strong Sell
2
5
4
4
2
total
30
34
32
34
31
Each month's total comprises the sum of three months' worth of ratings.
BP Financial Forecast
BP Stock Forecast FAQ
What is GB:BP’s average 12-month price target, according to analysts?
Based on analyst ratings, BP p.l.c.’s 12-month average price target is 622.92p.
What is GB:BP’s upside potential, based on the analysts’ average price target?
BP p.l.c. has 36.04% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is BP p.l.c. a Buy, Sell or Hold?
BP p.l.c. has a consensus rating of Moderate Buy, which is based on 9 buy ratings, 2 hold ratings and 1 sell ratings.
What is BP p.l.c.’s share price target?
The average share price target for BP p.l.c. is 622.92p. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is 1,000.00p ,and the lowest forecast is 510.00p. The average share price target represents 36.04% Increase from the current price of 457.9p.
The highest analyst share price target is 1,000.00p ,and the lowest forecast is 510.00p. The average share price target represents 36.04% Increase from the current price of 457.9p.
What do analysts say about BP p.l.c.?
BP p.l.c.’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 12 Wall Streets Analysts.
How can I buy shares of BP p.l.c.?
To buy shares of GB:BP, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.