BP p.l.c. (LON:BP) Receives GBX 493 Consensus Target Price from Analysts

BP p.l.c. (LON:BP) has been given a consensus rating of “Moderate Buy” by the eight analysts that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 517.

BP has been the subject of several research reports. Morgan Stanley upgraded shares of BP to an “overweight” rating in a research report on Wednesday, March 25th. JPMorgan Chase & Co. lifted their price objective on shares of BP from GBX 520 to GBX 600 and gave the company a “neutral” rating in a research note on Thursday. Berenberg Bank reaffirmed a “buy” rating on shares of BP in a report on Thursday. Barclays reiterated a “buy” rating on shares of BP in a research note on Tuesday, March 31st. Finally, Jefferies Financial Group reissued a “neutral” rating on shares of BP in a report on Thursday.

BP News Summary

Here are the key news stories impacting BP this week:

• Positive Sentiment: Analysts: JPMorgan raised BP’s price target to GBX 600 (keeping a neutral rating), and other brokers (Berenberg, Barclays) have reaffirmed buy calls — a pipeline of favorable broker actions supports investor confidence and helped lift the stock. London Stock Exchange broker ratings
• Positive Sentiment: Product recognition: BP’s private‑label retail portfolio was called a “game changer,” which bolsters the company’s consumer-facing margins and brand strength in forecourt retail — a potential incremental earnings driver. bp’s Private Label Portfolio Named a Game Changer
• Positive Sentiment: Macro/profits: Coverage notes that wartime energy market dynamics have boosted near‑term profits, improving cash flow and shareholder return prospects — though analysts flag execution and reputational risks under new leadership. This profit tailwind is a key reason investors are bidding the stock up. BP’s New CEO Faces a Defining Test as War Boosts Profits
• Neutral Sentiment: Leadership: BP appointed Carol Howle as deputy CEO — a governance/management update that supports continuity but is unlikely to move fundamentals immediately. bp appoints Carol Howle as deputy CEO
• Neutral Sentiment: Jefferies reiterated a neutral rating — mixed broker views remain in place, which can cap momentum despite higher targets from some banks. BP Jefferies reiterates its neutral rating
• Negative Sentiment: Labor risk: An active lockout at an Indiana refinery and public support from the state governor raise short‑term operational and reputational risk — potential supply disruption and headlines could pressure the stock if escalations continue. Indiana Gov. Mike Braun to join BP refinery union workers amid lockout

Insiders Place Their Bets

In related news, insider Carol Howle acquired 62 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was bought at an average cost of GBX 510 per share, with a total value of £316.20. Over the last ninety days, insiders purchased 215 shares of company stock worth $100,858. 0.26% of the stock is currently owned by company insiders.

BP Stock Performance

Shares of BP opened at GBX 591.20 on Tuesday. The company has a current ratio of 1.26, a quick ratio of 0.62 and a debt-to-equity ratio of 136.71. The firm has a market cap of £115.06 billion, a PE ratio of 44.16, a price-to-earnings-growth ratio of 0.35 and a beta of 0.06. The company’s 50 day simple moving average is GBX 502.84 and its 200-day simple moving average is GBX 460.55. BP has a 12-month low of GBX 379.70 and a 12-month high of GBX 562.30.

BP Company Profile

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business.