TD Cowen Lowers BP (NYSE:BP) Price Target to $35.00

BP (NYSE:BP) had its price target decreased by equities researchers at TD Cowen from $37.00 to $35.00 in a research note issued to investors on Friday, Marketbeat.com reports. The firm currently has a “hold” rating on the oil and gas exploration company’s stock. TD Cowen’s price target points to a potential downside of 7.12% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. Melius Research cut shares of BP from a “buy” rating to a “sell” rating and set a $31.00 price objective for the company. in a research report on Wednesday. Santander upgraded shares of BP to an “outperform” rating in a research note on Monday, November 3rd. Citigroup reiterated a “buy” rating on shares of BP in a report on Monday, November 3rd. Scotiabank set a $41.00 price target on shares of BP in a research note on Friday, January 16th. Finally, Wolfe Research reissued an “outperform” rating and issued a $51.00 price objective on shares of BP in a report on Thursday, December 18th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $37.35.

BP Stock Performance

Shares of NYSE:BP opened at $37.69 on Friday. The business’s 50 day moving average price is $35.84 and its 200-day moving average price is $35.14. BP has a 1 year low of $25.22 and a 1 year high of $39.51. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.26 and a quick ratio of 0.89. The firm has a market capitalization of $98.24 billion, a PE ratio of -3,764.74, a P/E/G ratio of 1.77 and a beta of 0.33.

BP (NYSE:BP) last announced its quarterly earnings data on Tuesday, February 10th. The oil and gas exploration company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.03. BP had a return on equity of 9.68% and a net margin of 0.03%.The firm had revenue of $47.38 billion for the quarter, compared to the consensus estimate of $42.19 billion. During the same quarter last year, the business posted $0.44 earnings per share. The firm’s revenue was up 3.6% compared to the same quarter last year. As a group, equities research analysts expect that BP will post 3.53 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bollard Group LLC increased its stake in BP by 12.7% in the second quarter. Bollard Group LLC now owns 337,724 shares of the oil and gas exploration company’s stock valued at $10,108,000 after purchasing an additional 37,974 shares in the last quarter. Kornitzer Capital Management Inc. KS lifted its holdings in shares of BP by 1.6% in the 2nd quarter. Kornitzer Capital Management Inc. KS now owns 485,409 shares of the oil and gas exploration company’s stock worth $14,528,000 after purchasing an additional 7,645 shares in the last quarter. Vestor Capital LLC increased its stake in BP by 2,705.2% during the 2nd quarter. Vestor Capital LLC now owns 57,983 shares of the oil and gas exploration company’s stock valued at $1,735,000 after purchasing an additional 55,916 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of BP by 206.0% during the second quarter. Baird Financial Group Inc. now owns 252,849 shares of the oil and gas exploration company’s stock valued at $7,568,000 after buying an additional 170,221 shares during the last quarter. Finally, Leavell Investment Management Inc. acquired a new stake in shares of BP in the 2nd quarter worth about $216,000. 11.01% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting BP

Here are the key news stories impacting BP this week:

• Positive Sentiment: Sanctions reset could unlock Venezuelan reserves, supporting longer‑term production upside and strategic growth opportunities for BP and peers. Sanctions reset propels BP, Chevron and Shell back into Venezuela’s vast oil reserves
• Neutral Sentiment: BP’s Q4 2025 earnings call prepared remarks were published (useful for details on cash flow, capital allocation and guidance) — the transcript itself is informational and may influence investor views once read in detail. BP Q4 2025 Earnings Call Prepared Remarks Transcript
• Negative Sentiment: Freedom Capital downgraded BP from “hold” to “strong sell,” increasing downside sentiment among retail/trading audiences. Freedom Capital downgrade
• Negative Sentiment: Wall Street Zen lowered BP’s stock rating, adding to analyst pressure and potentially prompting selling from model‑driven funds. BP Stock Rating Lowered by Wall Street Zen
• Negative Sentiment: Melius Research cut BP to “Sell,” a further negative signal that could weigh on sentiment and increase short‑term volatility. BP Cut to “Sell” at Melius Research
• Negative Sentiment: TD Cowen lowered its price target from $37 to $35 and moved to “hold,” implying ~7% downside from current levels and creating additional near‑term ceiling pressure. TD Cowen price target cut
• Negative Sentiment: Labor negotiations with the United Steelworkers at the Whiting refinery are ongoing and strike preparations were reported — a credible operational risk that could lead to disruptions or higher costs if escalated. BP, United Steelworkers negotiations continue after strike preparations at BP Whiting refinery

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.