BP’s (BP) Neutral Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their neutral rating on shares of BP (LON:BP) in a report published on Thursday,MarketScreener reports.

BP has been the subject of a number of other research reports. JPMorgan Chase & Co. increased their target price on shares of BP from GBX 460 to GBX 480 and gave the stock a “neutral” rating in a research report on Friday, December 5th. The Goldman Sachs Group reiterated a “buy” rating on shares of BP in a research note on Thursday, March 26th. Morgan Stanley raised shares of BP to an “overweight” rating in a research report on Wednesday, March 25th. Barclays reissued a “buy” rating on shares of BP in a research note on Tuesday, March 31st. Finally, Berenberg Bank reduced their target price on shares of BP from GBX 525 to GBX 520 and set a “buy” rating on the stock in a report on Thursday, January 15th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 517.

BP Price Performance

BP opened at GBX 591.20 on Thursday. BP has a 1 year low of GBX 379.70 and a 1 year high of GBX 562.30. The company’s 50 day simple moving average is GBX 502.84 and its 200 day simple moving average is GBX 460.55. The stock has a market capitalization of £115.06 billion, a PE ratio of 44.16, a P/E/G ratio of 0.35 and a beta of 0.06. The company has a debt-to-equity ratio of 136.71, a quick ratio of 0.62 and a current ratio of 1.26.

Insider Buying and Selling

In other BP news, insider Carol Howle purchased 73 shares of the stock in a transaction on Monday, January 12th. The shares were purchased at an average price of GBX 426 per share, with a total value of £310.98. Insiders bought a total of 215 shares of company stock worth $100,858 in the last three months. Company insiders own 0.26% of the company’s stock.

BP News Roundup

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

About BP

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.