UBS Group upgraded shares of BP (LON:BP – Free Report) to a buy rating in a report released on Thursday morning,MarketScreener reports.
A number of other research analysts also recently issued reports on the stock. Berenberg Bank reissued a “buy” rating on shares of BP in a research report on Thursday, April 2nd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of BP in a research report on Thursday, March 26th. Barclays reaffirmed a “buy” rating on shares of BP in a research report on Tuesday. Morgan Stanley raised shares of BP to an “overweight” rating in a research report on Wednesday, March 25th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 650 target price on shares of BP in a research report on Wednesday. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 559.
Read Our Latest Stock Report on BP
BP Stock Up 3.9%
Insider Buying and Selling
In other news, insider Carol Howle acquired 62 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average cost of GBX 510 per share, with a total value of £316.20. Over the last quarter, insiders have bought 142 shares of company stock worth $70,530. Corporate insiders own 0.26% of the company’s stock.
More BP News
Here are the key news stories impacting BP this week:
- Positive Sentiment: UBS upgraded BP to a Buy, signaling confidence in the new management and near‑term outlook following recent trading strength. Article Title
- Positive Sentiment: Goldman Sachs maintained a Buy and raised its price target to p650, citing solid trading performance and resilient cash generation that underpin a sustained buy view. Article Title
- Positive Sentiment: Barclays reaffirmed its Buy rating, adding to the cluster of favorable broker sentiment supporting the stock. Article Title
- Neutral Sentiment: BP reported an “exceptional” quarter for oil trading as geopolitical-driven price volatility boosted results—positive operational news but timing can be transient. Article Title
- Neutral Sentiment: Jefferies, JPMorgan and TD Cowen have largely reaffirmed Hold/Neutral stances or kept price targets steady, reflecting mixed views on sustainability of earnings upside. Article Title Article Title Article Title
- Neutral Sentiment: BP’s new CEO is reshaping the company and reportedly planning to split into upstream and downstream units—strategic clarity may help long term but creates near‑term execution risk. Article Title
- Neutral Sentiment: Insider buying was minimal (5 shares by Kate Thomson), a token positive signal but too small to move fundamentals. Article Title
- Negative Sentiment: Analysts warn that a recent boost in BP’s debt could delay a return to share buybacks and weighs on shareholder return expectations—this is a key headwind for the stock. Article Title
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.
Further Reading
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