Do Analysts Agree Friday on BP plc BP Stocks Target Price?

All investments involve risks, including the loss of principal. Securities trading offered through Robinhood Financial LLC, a registered broker-dealer and Member SIPC. In the next five years, the convenience and fuels business will be the most important growth driver for BP. The P/E ratio of BP is -6.03, which download historical eur to gbp rates means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. In the past three months, BP insiders have bought more of their company’s stock than they have sold. Specifically, they have bought £82,266.33 in company stock and sold GBX 0 in company stock.

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  • A change in margin can reflect either a change in business conditions, or a company’s cost controls, or both.
  • The two-pronged approach has allowed BP the luxury of being selective about what investments it takes on in the renewable space.
  • On the other hand, the S&P 500 has only moved 2.45% and 23.1%, respectively.
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The Company’s segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is responsible for its activities in oil and natural gas exploration, field development and production. The Downstream segment has global marketing and manufacturing operations, and includes the jet fuel, bunkering, bitumen lubricants and petrochemicals business of the Company. Rosneft is the Company’s Russian refining business that owns and operates approximately 13 refineries in Russia, and holds stakes in three refineries in Germany, one in India and one in Belarus. It also owns and operates approximately 3,055 retail service stations in Russia and abroad.

It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. BP p.l.c. currently operates through 4 segments including Gas & Low Carbon Energy, Oil Production & Operations, Customers & Products, and Rosneft segments. The company produces and trades in natural gas and oil liquids, offers biofuels, and operates wind and solar power generating facilities. The company also provides de-carbonization solutions and services, such as hydrogen and carbon capture and storage, as part of its green agenda. BP is an integrated oil and gas company that explores for, produces, and refines oil around the world.

Style Scorecard

The Wall Street analysts’ consensus fiscal 2025 EBITDA forecast for BP is $34.5 billion, which is -14% below the company’s guided FY 2025 EBITDA of $40 billion. In my opinion, this provides an opportunity for BP to beat market expectations in the next few years, if it delivers on its growth plans for the convenience and fuels business. To some degree, the answer to this question depends on your estimates for the price of oil in the future. If one believes that oil prices will crater, BP and its peers would likely see their shares decline. Instead, the macro picture for oil prices remains highly constructive, as recovering demand and reluctance by oil companies to grow their production make for a tight oil market. $60 per barrel of Brent seems highly unlikely for 2022, however.

bp buy or sell

The VGM score is based on the trading styles of Growth, VAlue, and Momentum. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

BP Plc Stock Institutional Investors

Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. 7 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for BP in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “buy” BP shares. The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice.

Year-to-date, BP’s shares have not performed that well as compared with its other oil supermajor peers, as a result of the company’s meaningful exposure to the Russian market. Overall, there were no large surprises in the quarterly report. As expected, BP recovered immensely versus the prior year’s weak quarter, as the impact of the pandemic on global oil markets and product demand is waning. BP has ambitious plans to grow its new energy businesses massively over the next decade.

  • It’s packed with all of the company’s key stats and salient decision making information.
  • Once again, cash flow is net income plus depreciation and other non-cash charges.
  • And that’s why there’s a modern-day gold-rush for this rare metal.
  • The financial health and growth prospects of BP, demonstrate its potential to outperform the market.
  • The BP stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock.

BP has only been the subject of 4 research reports in the past 90 days. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Ownerin %Freefloat99.99BP Investment Management Ltd.0.98Arrowstreet Capital LP0.84State Street Corp.0.79Shareholder percentage totals can add to more than 100% because some holders are included in the free float. Defense contractor BAE Systems BA, +5.47% was the top performing fundamental analysis definition FTSE 100 stock in midday trade, rallying over 5% after Russian President Vladimir Putin announced a partial mobilization of troops and th… Hertz Global Holdings Inc said on Tuesday it has partnered with a unit of oil giant BP to install electric vehicle charging stations across North America to power its fleet of eco-friendly cars. Hertz and BP plan to build a network of thousands of electric vehicle chargers in North America, the companies said Tuesday.

The Earnings Yield (also known as the E/P ratio) measures the anticipated yield an investment in a stock could give you based on the earnings and the price paid. Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more. BP’s stock is owned by many different institutional and retail investors. Top institutional shareholders include Lazard Asset Management LLC (0.16%), Twin Tree Management LP (0.00%), Optiver Holding B.V.

It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell. It’s also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Our research shows that stocks rated Zacks Rank #1 and #2 and Style Scores of A or B outperform the market over the following one-month period. This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.66 between high and low, or 2.39%.

That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B. The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. This list of both classic and unconventional valuation items helps separate which stocks are overvalued, rightly lowly valued, and temporarily undervalued which are poised to move higher. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%.

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For one, part of trading is being able to get in and out of a stock easily. If the volume is too light, in absolute terms or for a relatively large position, it could be difficult to execute a trade. This is also useful to know when comparing a stock’s daily volume (which can be found on a ticker’s hover-quote) to that of its average volume. A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. On average, Wall Street analysts predict that Bp’s share price could reach $37.33 by Sep 12, 2023.

The advice algorithm takes into account all of BP Plc’s available fundamental, technical, and predictive indicators you will find on this site. Investors should also take note of BP’s average 20-day trading volume. Right now, BP is averaging 11,415,718 shares for the last 20 days. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. OPEC+’s willingness to maintain production cuts that the organization had made to combat the fall in demand brought about by the pandemic has been a boon for BP.

Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Barchart Opinions show traders what a variety of popular trading systems are suggesting in terms of going long or short the market.

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A ‘good’ number would usually fall within the range of 1.5 to 3. Like most ratios, this number will vary from industry to industry. Growth traders and investors will tend to look for growth rates of 20% or higher. That does not mean that all companies with large growth rates will have a favorable Growth Score. But, typically, an aggressive growth trader will be interested in the higher growth rates.

bp buy or sell

The company aims to produce blue and green hydrogen for the global transportation industry with production beginning in 2027. Blue hydrogen is hydrogen captured from the company’s natural gas deposits using a process that captures the waste carbon. The average price target is $35.75, which means analysts expect the stock to increase by 26.24% over the next daytrading price volatility breakouts twelve months. That average ranking earns the stock an Analyst Rating of 27, which is better than 27% of stocks based on data compiled by InvestorsObserver. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions.

BP share price analysis as crude oil prices dip

ROE values, like other values, can vary significantly from one industry to another. If a company’s net margin is 15%, for example, that means its net income is 15 cents for every $1 of sales the company makes. A change in margin can reflect either a change in business conditions, or a company’s cost controls, or both. If a company’s expenses are growing faster than their sales, this will reduce their margins. But note, different industries have different margin rates that are considered good.

This oil major has been on fire lately. Can it keep portfolios warm through the winter?

Zacks’ proprietary data indicates that BP p.l.c. is currently rated as a Zacks Rank 2 and we are expecting an above average return from the BP shares relative to the market in the next few months. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of BP, demonstrate its potential to outperform the market. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A. Some investors seek out stocks with the best percentage price change over the last 52 weeks, expecting that momentum to continue.

Since cash can’t be manipulated like earnings can, it’s a preferred metric for analysts. Revenue was up massively year over year, which wasn’t surprising. The rise in oil and natural gas prices, combined with higher demand for refined products, allowed the company to grow its sales at a highly attractive pace.

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