BP (LON:BP) Receives Neutral Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their neutral rating on shares of BP (LON:BP) in a research note issued to investors on Tuesday morning,MarketScreener reports.

BP has been the subject of a number of other reports. Morgan Stanley raised shares of BP to an “overweight” rating in a research report on Wednesday, March 25th. Berenberg Bank reissued a “buy” rating on shares of BP in a research report on Thursday, April 2nd. Barclays reissued a “buy” rating on shares of BP in a research report on Tuesday. The Goldman Sachs Group reissued a “buy” rating on shares of BP in a research report on Thursday, March 26th. Finally, Jefferies Financial Group reissued a “neutral” rating on shares of BP in a research report on Tuesday. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 517.

BP Stock Down 2.4%

BP stock opened at GBX 565.10 on Tuesday. BP has a twelve month low of GBX 379.70 and a twelve month high of GBX 562.30. The firm has a 50 day moving average price of GBX 520.69 and a 200-day moving average price of GBX 468.40. The company has a market capitalization of £109.98 billion, a P/E ratio of 42.21, a P/E/G ratio of 0.35 and a beta of 0.06. The company has a quick ratio of 0.62, a current ratio of 1.26 and a debt-to-equity ratio of 136.71.

Insider Activity at BP

In other BP news, insider Carol Howle purchased 62 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average cost of GBX 510 per share, for a total transaction of £316.20. In the last 90 days, insiders have purchased 142 shares of company stock worth $70,530. Corporate insiders own 0.26% of the company’s stock.

Key Headlines Impacting BP

Here are the key news stories impacting BP this week:

• Positive Sentiment: BP reported an “exceptional” quarter for its oil trading business as Middle East tensions (Iran-related) drove price volatility, boosting trading profits and near-term cash generation — a clear earnings tailwind that supports the share-price move. FT: BP hails ‘exceptional’ quarter for oil traders as Iran war stokes volatility
• Positive Sentiment: Barclays has reiterated a “buy” rating on BP, providing third‑party support for the stock and reinforcing positive investor sentiment around BP’s near-term earnings profile. MarketScreener: BP buy rating from Barclays
• Neutral Sentiment: Bloomberg reports BP’s new CEO is reshaping the company and overhauling the executive ranks — moves that aim to reset strategy but may take time to show results; this creates strategic clarity but introduces execution risk in the near term. Bloomberg: BP’s New CEO Moves to Reshape Company, Overhaul Executive Ranks
• Neutral Sentiment: Reuters says the CEO plans to simplify BP’s structure into clear upstream and downstream units — a common corporate simplification that can improve focus and valuation multiples over time but is unlikely to immediately change cash flow dynamics. Reuters: BP’s new CEO to simplify company structure into upstream, downstream units
• Neutral Sentiment: JPMorgan and Jefferies have both reaffirmed “neutral” ratings on BP, indicating mixed analyst views that temper upside expectations despite strong trading results. MarketScreener: BP JPMorgan is neutral MarketScreener: BP Jefferies neutral
• Negative Sentiment: Analysts warn BP’s recent increase in net debt could push back a return to share buybacks, reducing a key route for shareholder returns and limiting upside from rerated cash-return expectations. This concern is the main near-term headwind for the stock. MSN: BP’s debt boost could dash hopes of return to share buybacks

About BP

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business.