BP p.l.c. (NYSE:BP) Receives $44.39 Average Target Price from Analysts

BP p.l.c. (NYSE:BP) has received a consensus recommendation of “Moderate Buy” from the twenty-four research firms that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, seven have issued a hold rating, eleven have assigned a buy rating and three have assigned a strong buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $44.8231.

Several brokerages have commented on BP. Scotiabank raised their target price on shares of BP from $41.00 to $58.00 and gave the stock a “sector outperform” rating in a report on Wednesday, April 22nd. Royal Bank Of Canada upgraded shares of BP from a “sector perform” rating to an “outperform” rating in a report on Monday. Wall Street Zen raised shares of BP from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 2nd. Piper Sandler raised their price target on shares of BP from $44.00 to $47.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. Finally, Weiss Ratings raised shares of BP from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, March 24th.

Hedge Funds Weigh In On BP

Several hedge funds have recently made changes to their positions in BP. Strategic Advocates LLC bought a new position in shares of BP during the 3rd quarter worth approximately $25,000. YANKCOM Partnership grew its stake in shares of BP by 1,068.3% in the fourth quarter. YANKCOM Partnership now owns 958 shares of the oil and gas exploration company’s stock valued at $33,000 after buying an additional 876 shares in the last quarter. Financial Life Planners bought a new position in shares of BP in the first quarter valued at $39,000. Triumph Capital Management bought a new position in shares of BP in the third quarter valued at $43,000. Finally, LRI Investments LLC grew its stake 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 valued at $44,000 after buying an additional 552 shares in the last quarter. 11.01% of the stock is owned by institutional investors.

BP News Roundup

Here are the key news stories impacting BP this week:

• Positive Sentiment: Argus upgraded BP to Buy and set a $50 price target, while RBC also turned bullish, citing BP’s recovery story and the chance to use elevated oil prices to accelerate balance-sheet repair. BP (NYSE:BP) Upgraded by Argus to “Buy” Rating
• Positive Sentiment: BP was added to Zacks’ Rank #1 lists for value, income, and growth, reinforcing the view that the stock screens attractively across multiple factors. Best Growth Stocks to Buy for May 11th
• Positive Sentiment: Reuters reported BP, Shell, and TotalEnergies benefited from a war-driven trading windfall, with BP among the companies earning billions more in Q1 trading as oil volatility surged. BP, Shell, TotalEnergies Pocket Billions in War-Driven Trading Windfall
• Positive Sentiment: BP’s share performance has also been supported by higher crude prices and broader enthusiasm for energy names, with reports noting the stock has rallied sharply in 2026. BP Buy Ratings Double As Shares Rally 24% In 2026
• Neutral Sentiment: BP hired Nicolas Tardieu, a former Scotiabank executive, to join its crude trading team in Singapore, a move that may support trading operations but is not likely a major immediate stock driver. MOVE Ex-Scotiabank exec Nicolas Tardieu joins BP crude trading team
• Negative Sentiment: BP’s union dispute at the Whiting, Indiana refinery could keep pressure on sentiment, after workers said the company has not resumed talks following the lockout of more than 800 employees. Union says BP delaying negotiations following Whiting refinery lockout

BP Stock Performance

Shares of BP stock opened at $44.42 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.87 and a current ratio of 1.22. The company has a market capitalization of $116.32 billion, a P/E ratio of 37.01, a price-to-earnings-growth ratio of 0.54 and a beta of 0.18. The company’s 50 day moving average price is $44.69 and its two-hundred day moving average price is $39.15. BP has a 52 week low of $28.41 and a 52 week high of $48.27.

BP (NYSE:BP) last announced its earnings results on Tuesday, April 28th. The oil and gas exploration company reported $1.24 EPS for the quarter, topping the consensus estimate 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 business’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period last year, the company posted $0.53 EPS. On average, analysts expect that BP will post 5.29 earnings per share for the current fiscal year.

BP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.4992 per share. This represents a $2.00 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, May 15th. BP’s dividend payout ratio (DPR) is currently 165.00%.

About BP

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.