BP p.l.c. (BP)
NYSE: BP · IEX Real-Time Price · USD
37.68
+0.22 (0.59%)
At close: Mar 28, 2024, 4:00 PM
37.74
+0.06 (0.16%)
After-hours: Mar 28, 2024, 7:52 PM EDT
BP p.l.c. Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for BP p.l.c. stock have an average target of 42.58, with a low estimate of 40 and a high estimate of 45. The average target predicts an increase of 13.00% from the current stock price of 37.68.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for BP p.l.c. stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
Buy | 3 | 3 | 3 | 2 | 3 | 2 |
Hold | 2 | 1 | 1 | 2 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Piper Sandler | Piper Sandler | Hold Maintains $38 → $40 | Hold | Maintains | $38 → $40 | +6.16% | Mar 14, 2024 |
Jefferies | Jefferies | Hold → Strong Buy Upgrades $39 → $42 | Hold → Strong Buy | Upgrades | $39 → $42 | +12.26% | Mar 4, 2024 |
Scotiabank | Scotiabank | Buy Maintains $41 → $45 | Buy | Maintains | $41 → $45 | +19.43% | Feb 7, 2024 |
Piper Sandler | Piper Sandler | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 8, 2024 |
Raymond James | Raymond James | Buy Maintains $46 → $43 | Buy | Maintains | $46 → $43 | +14.12% | Nov 1, 2023 |
Financial Forecast
Revenue This Year
214.82B
from 213.03B
Increased by 0.84%
Revenue Next Year
211.20B
from 214.82B
Decreased by -1.68%
EPS This Year
0.86
from 5.15
Decreased by -83.31%
EPS Next Year
0.96
from 0.86
Increased by 11.12%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 319.8B | 304.9B | 216.2B |
Avg | 214.8B | 211.2B | 199.0B |
Low | 184.8B | 174.0B | 175.2B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 50.1% | 41.9% | 2.4% |
Avg | 0.8% | -1.7% | -5.8% |
Low | -13.3% | -19.0% | -17.1% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.09 | 1.63 | 1.96 | 1.28 | 1.31 |
Avg | 0.86 | 0.96 | 1.05 | 1.05 | 1.23 |
Low | 0.69 | 0.69 | 0.67 | 0.70 | 1.14 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -78.9% | 89.7% | 105.0% | 21.6% | 25.4% |
Avg | -83.3% | 11.1% | 10.2% | -0.6% | 17.4% |
Low | -86.7% | -20.2% | -30.3% | -33.9% | 8.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.