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BP - BP Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $42.48
  • Forecasted Upside: 46.06%
  • Number of Analysts: 19
  • Breakdown:
  • 0 Sell Ratings
  • 11 Hold Ratings
  • 4 Buy Ratings
  • 4 Strong Buy Ratings
$29.08 As of 12/17/2024 01:00 AM ET
▲ +0.13 (0.45%)

This chart shows the closing price for BP by one month, three months, or twelve months.

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Analyst Price Target for BP

Analyst Price Target is $42.48
▲ +46.06% Upside Potential
This price target is based on 19 analysts offering 12 month price targets for BP in the last 3 months. The average price target is $42.48, with a high forecast of $57.00 and a low forecast of $31.00. The average price target represents a 46.06% upside from the last price of $29.08.

This chart shows the closing price for BP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 19 contributing investment analysts is to moderate buy stock in BP. This rating has held steady since July 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
6/26/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
9/24/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 2 sell ratings
Ratings as of
12/23/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
3/22/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
6/20/2024
  • 3 strong buy ratings
  • 6 buy ratings
  • 8 hold ratings
  • 1 sell ratings
Ratings as of
9/18/2024
  • 4 strong buy ratings
  • 4 buy ratings
  • 11 hold ratings
  • 0 sell ratings
Ratings as of
11/17/2024
  • 4 strong buy ratings
  • 4 buy ratings
  • 11 hold ratings
  • 0 sell ratings
Ratings as of
12/17/2024

Latest Recommendations

  • 4 strong buy ratings
  • 4 buy ratings
  • 11 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/9/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$33.00 ➝ $31.00
10/30/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$35.00 ➝ $33.00
10/11/2024The Goldman Sachs GroupUpgradeStrong-Buy
10/10/2024ScotiabankDowngradeSector Outperform ➝ Sector Perform$42.00 ➝ $36.00
10/9/2024BNP ParibasDowngradeOutperform ➝ Neutral
9/27/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$39.00 ➝ $35.00
9/24/2024Redburn AtlanticDowngradeBuy ➝ Neutral
8/8/2024Hsbc Global ResUpgradeHold
8/8/2024HSBCDowngradeBuy ➝ Hold
8/7/2024Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform
8/1/2024ArgusUpgradeHold
7/31/2024Evercore ISIUpgradeStrong-Buy
7/31/2024BarclaysUpgradeStrong-Buy
7/31/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$41.00 ➝ $39.00
7/30/2024UBS GroupUpgradeStrong-Buy
7/18/2024Wolfe ResearchInitiated CoverageOutperform$57.00
7/17/2024Piper SandlerReiterated RatingNeutral ➝ Neutral$43.00 ➝ $43.00
7/15/2024Morgan StanleyDowngradeOverweight ➝ Equal Weight$49.90 ➝ $41.50
7/12/2024ScotiabankLower TargetSector Outperform ➝ Sector Outperform$47.00 ➝ $42.00
7/12/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$42.00 ➝ $41.00
6/14/2024Erste Group BankReiterated RatingBuy ➝ Hold
5/8/2024TD SecuritiesBoost TargetBuy$43.00 ➝ $44.00
4/18/2024Piper SandlerBoost TargetNeutral ➝ Neutral$40.00 ➝ $43.00
4/15/2024Raymond JamesBoost TargetOutperform ➝ Outperform$42.00 ➝ $45.00
4/11/2024ScotiabankBoost TargetSector Outperform ➝ Sector Outperform$45.00 ➝ $47.00
4/11/2024Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$38.00 ➝ $42.00
4/3/2024Erste Group BankUpgradeHold ➝ Buy
3/14/2024Piper SandlerBoost TargetNeutral ➝ Neutral$38.00 ➝ $40.00
3/4/2024Jefferies Financial GroupUpgradeHold ➝ Buy$38.60 ➝ $42.30
2/7/2024ScotiabankBoost TargetSector Outperform ➝ Sector Outperform$41.00 ➝ $45.00
2/7/2024TD SecuritiesBoost TargetBuy$41.00 ➝ $43.00
1/8/2024Piper SandlerLower TargetNeutral ➝ Neutral$45.00 ➝ $38.00
11/1/2023TD SecuritiesLower TargetBuy$46.00 ➝ $44.00
11/1/2023Raymond JamesLower TargetOutperform ➝ Outperform$46.00 ➝ $43.00
11/1/2023JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight
10/6/2023CitigroupReiterated RatingBuy
8/2/2023TD SecuritiesBoost TargetBuy$42.00 ➝ $43.00
6/13/2023Piper SandlerLower Target$46.00 ➝ $42.00
5/3/2023DZ BankDowngradeBuy ➝ Hold
5/3/2023AlphaValueUpgradeSell
4/20/2023Piper SandlerLower TargetOverweight$47.00 ➝ $46.00
4/14/2023Raymond JamesBoost TargetOutperform$40.00 ➝ $48.00
2/23/2023Berenberg BankDowngradeBuy ➝ Hold
2/9/2023Morgan StanleyBoost TargetGBX 636 ➝ GBX 660
2/8/2023BarclaysBoost TargetGBX 700 ➝ GBX 1,000
2/8/2023Royal Bank of CanadaBoost TargetGBX 550 ➝ GBX 650
2/8/2023Raymond JamesBoost TargetOutperform$39.00 ➝ $40.00
2/8/2023Sanford C. BernsteinBoost TargetOutperform$48.00 ➝ $53.00
2/7/2023TD SecuritiesUpgradeHold ➝ Buy$40.00 ➝ $44.00
1/23/2023Morgan StanleyBoost TargetGBX 603 ➝ GBX 636
1/19/2023JPMorgan Chase & Co.Lower TargetGBX 560 ➝ GBX 540
1/17/2023ScotiabankUpgradeSector Perform ➝ Sector Outperform$37.00 ➝ $42.00
1/10/2023Wells Fargo & CompanyBoost TargetEqual Weight$36.00 ➝ $37.00
12/19/2022Piper SandlerLower TargetOverweight$40.00 ➝ $39.00
12/13/2022AlphaValueUpgradeReduce
12/6/2022Deutsche Bank AktiengesellschaftBoost TargetGBX 527 ➝ GBX 549
12/2/2022JPMorgan Chase & Co.Boost TargetGBX 530 ➝ GBX 560
11/22/2022CitigroupUpgradeNeutral ➝ Buy
11/11/2022Piper SandlerBoost TargetOverweight$37.00 ➝ $40.00
11/8/2022Morgan StanleyBoost TargetGBX 566 ➝ GBX 603
11/7/2022Wells Fargo & CompanyUpgradeUnderweight ➝ Equal Weight$31.00 ➝ $36.00
11/4/2022Berenberg BankBoost TargetGBX 500 ➝ GBX 560
11/2/2022UBS GroupBoost TargetGBX 510 ➝ GBX 535
11/2/2022Deutsche Bank AktiengesellschaftBoost TargetGBX 472 ➝ GBX 527
11/2/2022TD SecuritiesBoost TargetHold$32.00 ➝ $34.00
10/24/2022HSBCUpgradeHold ➝ Buy
10/20/2022Piper SandlerLower Target$37.00
10/13/2022JPMorgan Chase & Co.Boost TargetGBX 520 ➝ GBX 530
10/13/2022ScotiabankDowngradeOutperform ➝ Sector Perform
9/26/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral
9/12/2022Piper SandlerBoost TargetOverweight$44.00 ➝ $47.00
8/17/2022Morgan StanleyBoost TargetGBX 540 ➝ GBX 566
8/3/2022Wells Fargo & CompanyLower TargetUnderweight$31.00 ➝ $29.00
8/3/2022TD SecuritiesBoost TargetHold$33.00 ➝ $35.00
7/20/2022HSBCLower TargetGBX 455 ➝ GBX 430
7/19/2022Piper SandlerBoost TargetOverweight$42.00 ➝ $44.00
7/6/2022Deutsche Bank AktiengesellschaftBoost TargetGBX 450 ➝ GBX 472
6/9/2022Credit Suisse GroupInitiated CoverageNeutral
5/4/2022TD SecuritiesBoost TargetHold$34.00 ➝ $36.00
4/19/2022JPMorgan Chase & Co.Boost TargetGBX 480 ➝ GBX 500
4/18/2022Raymond JamesBoost TargetOutperform$37.00 ➝ $39.00
3/23/2022Deutsche Bank AktiengesellschaftLower TargetGBX 455 ➝ GBX 450
3/23/2022Morgan StanleyUpgradeEqual Weight ➝ Overweight
3/11/2022Wells Fargo & CompanyBoost TargetUnderweight$28.00 ➝ $29.00
3/8/2022Bank of AmericaUpgradeUnderperform ➝ Neutral
3/1/2022Berenberg BankLower TargetGBX 475 ➝ GBX 450
3/1/2022MKM PartnersLower TargetBuy$46.00 ➝ $42.00
2/28/2022JPMorgan Chase & Co.Lower TargetGBX 600 ➝ GBX 500
2/28/2022CowenLower TargetMarket Perform$31.00 ➝ $30.00
2/25/2022Royal Bank of CanadaUpgradeSector Perform ➝ Outperform
2/10/2022TD SecuritiesBoost TargetHold$32.00 ➝ $37.00
2/9/2022Raymond JamesBoost TargetOutperform$36.00 ➝ $37.00
1/18/2022Raymond JamesBoost TargetOutperform$33.00 ➝ $36.00
1/7/2022BNP ParibasUpgradeNeutral ➝ Outperform$4.10
1/5/2022Wells Fargo & CompanyDowngradeOverweight ➝ Underweight$29.00
1/4/2022Evercore ISIUpgradeIn-Line ➝ Outperform$36.00
12/3/2021Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy
11/29/2021JPMorgan Chase & Co.Reiterated RatingOverweight
11/9/2021Morgan StanleyReiterated RatingEqual Weight
10/25/2021TD SecuritiesInitiated CoverageHold$31.00
10/20/2021Raymond JamesBoost TargetOutperform$30.00 ➝ $33.00
10/15/2021Berenberg BankUpgradeHold ➝ Buy
10/12/2021Morgan StanleyReiterated RatingEqual Weight
10/11/2021JPMorgan Chase & Co.Reiterated RatingOverweight
10/4/2021BarclaysReiterated RatingOverweight
9/23/2021JPMorgan Chase & Co.Reiterated RatingOverweight
9/16/2021Deutsche Bank AktiengesellschaftReiterated RatingHold
8/6/2021Morgan StanleyUpgradeUnderweight ➝ Equal Weight$14.74 ➝ $28.49
8/4/2021Royal Bank of CanadaReiterated RatingSector Perform
8/4/2021Deutsche Bank AktiengesellschaftReiterated RatingHold
7/23/2021Piper SandlerBoost TargetOverweight$32.00 ➝ $37.00
7/22/2021HSBCSet TargetHold$23.76
7/19/2021Morgan StanleyReiterated RatingUnderweight
7/6/2021JPMorgan Chase & Co.Reiterated RatingOverweight
6/30/2021Wells Fargo & CompanyBoost TargetOverweight$31.00 ➝ $32.00
6/30/2021CitigroupBoost TargetHold ➝ Neutral$70.00
6/24/2021HSBCDowngradeBuy ➝ Hold$14.74 ➝ $27.00
5/17/2021MizuhoBoost TargetNeutral$30.00 ➝ $33.00
4/30/2021Berenberg BankReiterated RatingHold
4/28/2021Societe GeneraleReiterated RatingBuy
4/20/2021Deutsche Bank AktiengesellschaftInitiated CoverageHold
4/16/2021HSBCUpgradeHold ➝ Buy
4/1/2021Piper SandlerBoost TargetOverweight$28.00 ➝ $32.00
3/30/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight
3/17/2021Raymond JamesBoost TargetOutperform$27.00 ➝ $29.00
3/12/2021Oddo BhfDowngradeNeutral ➝ Underperform
3/3/2021JPMorgan Chase & Co.Reiterated RatingOverweight
2/16/2021ScotiabankUpgradeSector Perform ➝ Sector Outperform$28.00
2/3/2021Royal Bank of CanadaReiterated RatingSector Perform
2/3/2021Credit Suisse GroupReiterated RatingOutperform
2/3/2021Raymond JamesLower TargetOutperform$30.00 ➝ $27.00
1/27/2021MKM PartnersInitiated CoverageBuy$31.00
1/21/2021Jefferies Financial GroupInitiated CoverageHold
1/15/2021JPMorgan Chase & Co.Reiterated RatingOverweight
1/13/2021Credit Suisse GroupReiterated RatingOutperform
1/12/2021MizuhoInitiated CoverageNeutral$27.00
1/8/2021Piper SandlerLower TargetOverweight$31.00 ➝ $28.00
12/15/2020BarclaysReiterated RatingOverweight
12/9/2020Berenberg BankReiterated RatingHold
12/2/2020JPMorgan Chase & Co.Reiterated RatingOverweight
11/30/2020HSBCDowngradeBuy ➝ Hold
11/17/2020Royal Bank of CanadaUpgradeUnderperform ➝ Sector Perform
11/2/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight
10/29/2020Berenberg BankReiterated RatingHold
10/28/2020DZ BankUpgradeSell ➝ Buy
10/15/2020AlphaValueDowngradeBuy ➝ Reduce
10/12/2020Credit Suisse GroupReiterated RatingOutperform
10/9/2020Berenberg BankReiterated RatingHold
10/7/2020Morgan StanleyReiterated RatingUnderweight
9/23/2020ScotiabankInitiated CoverageSector Perform$23.00
9/17/2020CowenLower TargetMarket Perform$22.00 ➝ $21.00
9/16/2020CitigroupReiterated RatingNeutral
9/15/2020Raymond JamesReiterated RatingBuy$28.00
9/14/2020Credit Suisse GroupUpgradeNeutral ➝ Outperform
8/17/2020Piper SandlerUpgradeNeutral ➝ Overweight$28.00 ➝ $31.00
8/5/2020Credit Suisse GroupReiterated RatingNeutral
8/5/2020Royal Bank of CanadaReiterated RatingUnderperform
8/5/2020Societe GeneraleUpgradeHold ➝ Buy
7/20/2020Raymond JamesBoost TargetOutperform$26.00 ➝ $28.00
7/16/2020Jefferies Financial GroupUpgradeHold ➝ Buy$26.90
7/15/2020JPMorgan Chase & Co.Reiterated RatingOverweight
7/14/2020Credit Suisse GroupReiterated RatingNeutral
7/7/2020The Goldman Sachs GroupReiterated RatingBuy
7/1/2020BarclaysReiterated RatingOverweight
7/1/2020JPMorgan Chase & Co.Reiterated RatingOverweight
6/15/2020UBS GroupReiterated RatingBuy
6/15/2020DZ BankReiterated RatingSell
6/2/2020Wolfe ResearchUpgradePeer Perform ➝ Outperform$31.00
5/28/2020Societe GeneraleDowngradeBuy ➝ Hold
5/14/2020Morgan StanleyDowngradeEqual Weight ➝ Underweight
5/13/2020Redburn PartnersUpgradeNeutral ➝ Buy
4/29/2020Royal Bank of CanadaReiterated RatingUnderperform
4/28/2020CfraLower TargetBuy ➝ Hold$42.00 ➝ $26.00
4/21/2020JPMorgan Chase & Co.Reiterated RatingOverweight
4/20/2020Morgan StanleyReiterated RatingEqual Weight
4/8/2020Credit Suisse GroupReiterated RatingNeutral
4/3/2020Wells Fargo & CompanyBoost TargetOverweight$27.00 ➝ $31.00
3/20/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight
3/20/2020Wells Fargo & CompanyLower TargetPositive ➝ Overweight$46.00 ➝ $27.00
3/17/2020UBS GroupReiterated RatingBuy
3/17/2020Raymond JamesLower TargetOutperform$44.00 ➝ $36.00
3/16/2020Jefferies Financial GroupDowngradeBuy ➝ Hold
3/16/2020Royal Bank of CanadaDowngradeOutperform ➝ Underperform
3/12/2020CitigroupDowngradeBuy ➝ Neutral
3/9/2020Piper SandlerDowngradeOverweight ➝ Neutral$40.00
3/4/2020Morgan StanleyReiterated RatingOverweight
1/21/2020Raymond JamesReiterated RatingBuy$48.00
1/14/2020Berenberg BankDowngradeBuy ➝ Hold
1/6/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight
(Data available from 12/18/2019 forward)

News Sentiment Rating

0.48 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 16 very positive mentions
  • 45 positive mentions
  • 17 negative mentions
  • 8 very negative mentions
Mentions as of
5/22/2024
  • 20 very positive mentions
  • 19 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
6/21/2024
  • 11 very positive mentions
  • 12 positive mentions
  • 7 negative mentions
  • 0 very negative mentions
Mentions as of
7/21/2024
  • 21 very positive mentions
  • 58 positive mentions
  • 9 negative mentions
  • 4 very negative mentions
Mentions as of
8/20/2024
  • 24 very positive mentions
  • 61 positive mentions
  • 6 negative mentions
  • 4 very negative mentions
Mentions as of
9/19/2024
  • 16 very positive mentions
  • 43 positive mentions
  • 12 negative mentions
  • 3 very negative mentions
Mentions as of
10/19/2024
  • 18 very positive mentions
  • 43 positive mentions
  • 9 negative mentions
  • 2 very negative mentions
Mentions as of
11/18/2024
  • 20 very positive mentions
  • 46 positive mentions
  • 7 negative mentions
  • 1 very negative mentions
Mentions as of
12/18/2024

Current Sentiment

  • 20 very positive mentions
  • 46 positive mentions
  • 7 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

BP logo
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. The company was founded in 1908 and is headquartered in London, the United Kingdom.
Read More

Today's Range

Now: $29.08
Low: $28.86
High: $29.12

50 Day Range

MA: $29.95
Low: $28.16
High: $32.34

52 Week Range

Now: $29.08
Low: $27.82
High: $40.40

Volume

8,491,255 shs

Average Volume

8,706,258 shs

Market Capitalization

$77.70 billion

P/E Ratio

30.61

Dividend Yield

6.34%

Beta

0.64

Frequently Asked Questions

What sell-side analysts currently cover shares of BP?

The following Wall Street analysts have issued research reports on BP in the last year: Argus, Barclays PLC, BNP Paribas, Erste Group Bank AG, Evercore ISI, Hsbc Global Res, HSBC Holdings plc, Jefferies Financial Group Inc., Morgan Stanley, Piper Sandler, Raymond James, Redburn Atlantic, Royal Bank of Canada, Scotiabank, StockNews.com, TD Securities, The Goldman Sachs Group, Inc., UBS Group AG, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for BP.

What is the current price target for BP?

0 Wall Street analysts have set twelve-month price targets for BP in the last year. Their average twelve-month price target is $42.48, suggesting a possible upside of 46.1%. Wolfe Research has the highest price target set, predicting BP will reach $57.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $31.00 for BP in the next year.
View the latest price targets for BP.

What is the current consensus analyst rating for BP?

BP currently has 11 hold ratings, 4 buy ratings and 4 strong buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for BP.

What other companies compete with BP?

Other companies that are similar to BP include Shell, TotalEnergies, Equinor ASA, Suncor Energy and Cenovus Energy. Learn More about companies similar to BP.

How do I contact BP's investor relations team?

BP's physical mailing address is 1 ST JAMES`S SQUARE, LONDON X0, SW1Y 4PD. The oil and gas exploration company's listed phone number is 442074964000 and its investor relations email address is [email protected]. The official website for BP is www.bp.com. Learn More about contacing BP investor relations.