BP p.l.c. (NYSE:BP) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of BP p.l.c. (NYSE:BP) have been assigned a consensus rating of “Moderate Buy” from the twenty-five brokerages that are covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation, twelve have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $46.5923.

Several research firms recently issued reports on BP. Weiss Ratings reissued a “hold (c-)” rating on shares of BP in a research note on Thursday, June 18th. UBS Group upgraded BP from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 15th. TD Cowen upped their price objective on shares of BP from $40.00 to $41.00 and gave the stock a “hold” rating in a research report on Thursday, July 16th. Piper Sandler initiated coverage on shares of BP in a research note on Thursday, July 23rd. They issued a “neutral” rating and a $42.00 target price on the stock. Finally, Argus raised shares of BP from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a research note on Monday, May 11th.

More BP News

Here are the key news stories impacting BP this week:

• Positive Sentiment: BP began production from the Atlantis major facility expansion in the U.S. Gulf of Mexico. The additional wells are expected to increase reservoir pressure, improve oil recovery, and extend the field’s producing life, supporting future production and cash flow. BP begins production from Atlantis Major Facility Expansion project
• Positive Sentiment: Erste Group raised its BP fiscal-2026 earnings-per-share forecast to $5.58 from $5.04, although the estimate remains slightly below the broader consensus of $5.69. Higher oil prices are helping support expectations ahead of BP’s second-quarter report. Erste Group raises BP fiscal-2026 earnings estimate
• Positive Sentiment: BP is reportedly in advanced discussions to sell its Lightsource solar subsidiary to a consortium backed by Kuwait’s sovereign wealth fund. A transaction could reduce debt and reinforce management’s shift toward its oil and gas operations. BP is looking to sell Lightsource and pull back from renewables
• Positive Sentiment: BP’s sale of a 15% interest in an Iraqi oil field to Türkiye’s national oil and gas company could provide proceeds and simplify its asset portfolio. The financial impact will depend on the transaction terms. BP sells 15% stake in Iraq oil field
• Neutral Sentiment: Analysts expect BP’s second-quarter results to benefit from firm oil prices, but lower seasonal production could offset some of the gains. Investors are watching operating metrics and profitability ahead of the earnings release. Important factors to watch ahead of BP’s Q2 earnings release
• Neutral Sentiment: BP is reportedly seeking bids for natural-gas assets in Egypt from Energean, Carlyle, Dragon Oil, and Artemis Energy. A sale could generate cash, but also reduce BP’s future gas exposure. Bidders emerge for BP gas assets off Egypt
• Negative Sentiment: Erste Group trimmed its fiscal-2027 EPS forecast to $3.90 from $3.96, signaling some concern about BP’s longer-term earnings trajectory. Erste Group lowers BP fiscal-2027 earnings estimate

Hedge Funds Weigh In On BP

A number of large investors have recently modified their holdings of BP. YANKCOM Partnership boosted its stake in BP by 1,068.3% in the fourth quarter. YANKCOM Partnership now owns 958 shares of the oil and gas exploration company’s stock worth $33,000 after buying an additional 876 shares in the last quarter. Financial Life Planners purchased a new position in BP in the 1st quarter worth $39,000. Triumph Capital Management purchased a new stake in BP during the third quarter valued at about $43,000. LRI Investments LLC increased its holdings in shares of BP by 76.2% in the fourth quarter. LRI Investments LLC now owns 1,276 shares of the oil and gas exploration company’s stock worth $44,000 after buying an additional 552 shares during the period. Finally, WFA of San Diego LLC purchased a new stake in BP during the 2nd quarter valued at about $46,000. 11.01% of the stock is owned by hedge funds and other institutional investors.

BP Stock Up 2.0%

BP opened at $44.17 on Friday. The company has a current ratio of 1.22, a quick ratio of 0.87 and a debt-to-equity ratio of 0.68. The company has a market cap of $115.70 billion, a PE ratio of 36.81, a price-to-earnings-growth ratio of 0.72 and a beta of 0.17. BP has a 12 month low of $31.58 and a 12 month high of $48.27. The company has a 50 day moving average of $41.07 and a 200 day moving average of $41.62.

BP (NYSE:BP) last announced its quarterly earnings results on Tuesday, April 28th. The oil and gas exploration company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.24. The firm had revenue of $52.26 billion for the quarter, compared to the consensus estimate of $48.50 billion. BP had a net margin of 1.62% and a return on equity of 12.06%. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.53 earnings per share. On average, sell-side analysts expect that BP will post 5.76 EPS for the current year.

BP Company Profile

BP plc is a British multinational integrated energy company headquartered in London. Originating in the early 20th century as the Anglo-Persian Oil Company, BP has grown into one of the world’s largest oil and gas companies, operating across exploration and production, refining and marketing, trading, and a range of low-carbon businesses.

The company’s core activities include upstream exploration and production of crude oil and natural gas, midstream and trading operations, and downstream refining, marketing and supply of fuels, lubricants and petrochemicals.