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BP p.l.c. (DE:BPE5)
XETRA:BPE5
BP p.l.c. (BPE5) Stock Forecast & Price Target
4 Followers
See the Price Targets and Ratings of:
BPE5 Analyst Ratings
Strong Buy
10 Buy
1 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
BPE5 Stock 12 Month Forecast
Average Price Target
€7.54
▲(23.08% Upside)
| Highest Price Target€11.70 | Average Price Target€7.54 | Lowest Price Target€5.97 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Societe Generale
Reiterated
04/18/24
Morgan Stanley
Reiterated
04/12/24
Berenberg Bank
Reiterated
02/22/24
Goldman Sachs
€7.25
Buy
18.39%
Upside
Assigned
02/06/24
BP Plc (BP.L): Strong execution paves the way to 12.5% cash SH returns in 2024E 6 February 2024 | 8:40PM CET BP reported strong 4Q23 results, with RC operating profit at US$6,127 mn, 5% above company-compiled consensus of US$5,860 mn, and RC adjusted net income at US$2,991 mn, 8% above consensus of US$2,770 mn, primarily driven by stronger-than-expected performance in the upstream segment. We reiterate our Buy rating on the stock, highlighting three key drivers of change towards a more profitable and sustainable BP: 1) Buyback program, combined with dividends, paves the way for c.12.5% cash returns to shareholders in 2024E: BP has already completed its balance sheet de-gearing, having reduced net debt to US$20.9 bn by the end of 4Q23, allowing for the continuation of the buyback program.
DBS
€6.78
Buy
10.71%
Upside
Reiterated
02/06/24
We have a BUY call on BP with a TP of GBP5.80. We have a BUY call on BP with a TP of GBP5.80. Our TP is based on a 1.4x forward P/BV multiple, which is lower than sector median of 1.7x and conservative compared to c.20% ROE in the near term. We believe current valuations are unjustified given elevated oil & gas price environment. BP's slight pivot away from low carbon growth and focus back on hydrocarbons last year led to a valuation rebound, and a sharper focus on hydrocarbon growth strategy and shareholder returns via buybacks could provide further catalysts in future.
Redburn Atlantic
€6.90
Buy
12.67%
Upside
Upgraded
01/09/24
BP upgraded to Buy from Neutral at Redburn AtlanticBP upgraded to Buy from Neutral at Redburn Atlantic
Bank of America Securities
€5.85
Hold
-4.56%
Downside
Reiterated
12/07/23
BP Plc. (BP:LN) (BP) PT Lowered to GBP5 at BofA SecuritiesBofA Securities analyst Christopher Kuplent lowered the price target on BP Plc. (BP:LN) (NYSE: BP) to GBP5.00 (from GBP5.40) while maintaining a Neutral rating.
HSBC
€6.49
Buy
5.98%
Upside
Reiterated
08/09/23
BP price target raised to 555 GBp from 515 GBp at HSBCBP price target raised to 555 GBp from 515 GBp at HSBC
Best Analysts Covering BP p.l.c.
Which Analyst Should I Follow If I Want to Buy DE:BPE5 and Sell After:
1 Month
3 Months
1 Year
Success Rate
32/39 ratings generated profit
Average Return
+12.79%
assigned a buy rating 3 months ago
Copying Michele Della Vigna's trades and holding each position for 1 Year would result in 82.05% of your transactions generating a profit, with an average return of +12.79% per trade.
2 Years
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
BPE5 Analyst Recommendation Trends
Rating
Jan 24
Feb 24
Mar 24
Apr 24
May 24
Strong Buy
2
2
2
1
0
Buy
22
21
22
24
17
Hold
6
4
3
2
0
Sell
2
1
1
0
0
Strong Sell
0
2
2
5
3
total
32
30
30
32
20
Each month's total comprises the sum of three months' worth of ratings.
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BPE5 Financial Forecast
BPE5 Stock Forecast FAQ
What is DE:BPE5’s average 12-month price target, according to analysts?
Based on analyst ratings, BP p.l.c.’s 12-month average price target is €7.54.
What is DE:BPE5’s upside potential, based on the analysts’ average price target?
BP p.l.c. has 23.08% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is BP p.l.c. a Buy, Sell or Hold?
BP p.l.c. has a conensus rating of Strong Buy, which is based on 10 buy ratings, 1 hold ratings and 1 sell ratings.
What is BP p.l.c.’s share price target?
The average share price target for BP p.l.c. is €7.54. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is €11.70 ,and the lowest forecast is €5.97. The average share price target represents 23.08% Increase from the current price of €6.127.
The highest analyst share price target is €11.70 ,and the lowest forecast is €5.97. The average share price target represents 23.08% Increase from the current price of €6.127.
What do analysts say about BP p.l.c.?
BP p.l.c.’s analyst rating consensus is a Strong Buy. This is based on the ratings of 12 Wall Streets Analysts.
How can I buy shares of BP p.l.c.?
To buy shares of DE:BPE5, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.