Jefferies Financial Group reiterated their neutral rating on shares of BP (LON:BP – Free Report) in a research note published on Thursday,MarketScreener reports.
Several other analysts also recently commented on the company. The Goldman Sachs Group reaffirmed a “buy” rating on shares of BP in a research note on Thursday, March 26th. Morgan Stanley raised shares of BP to an “overweight” rating in a research note on Wednesday, March 25th. Berenberg Bank cut their price target on shares of BP from GBX 525 to GBX 520 and set a “buy” rating for the company in a report on Thursday, January 15th. Barclays restated a “buy” rating on shares of BP in a research report on Tuesday. Finally, JPMorgan Chase & Co. lifted their price target on shares of BP from GBX 460 to GBX 480 and gave the company a “neutral” rating in a research report on Friday, December 5th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, BP presently has an average rating of “Moderate Buy” and a consensus target price of GBX 517.
View Our Latest Stock Report on BP
BP Price Performance
Insider Activity
In other BP news, insider Carol Howle bought 62 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were acquired at an average price of GBX 510 per share, with a total value of £316.20. Insiders have acquired a total of 215 shares of company stock valued at $100,858 over the last ninety days. 0.26% of the stock is owned by corporate insiders.
Key BP News
Here are the key news stories impacting BP this week:
- Positive Sentiment: JPMorgan raised its price target on BP from GBX 520 to GBX 600 (keeps a “neutral” rating) — the higher target signals stronger earnings or cash‑flow expectations that can support the share price. London Stock Exchange
- Positive Sentiment: Berenberg and Barclays have reiterated “buy” ratings, providing additional analyst support that may help stabilize sentiment. Berenberg Barclays
- Positive Sentiment: BP plans to invest $1.5bn in Egyptian gas projects for FY2026/27, a capital allocation move that supports medium‑term production growth and cash generation. Zawya
- Positive Sentiment: New CEO Meg O’Neill is publicly pledging “consistency” and clearer direction after a turbulent period — messaging aimed at rebuilding investor trust and reducing governance risk. FT
- Neutral Sentiment: Jefferies has reaffirmed its “neutral” rating, which maintains a mixed analyst view rather than providing momentum either way. MarketScreener
- Neutral Sentiment: Former BP CEO has taken a role at a Wyoming data‑center developer — notable for executive moves but with limited direct impact on BP’s operational outlook. MSN
- Negative Sentiment: Labor risk: an Indiana governor is publicly siding with refinery union workers amid a lockout, highlighting operational and earnings risks from prolonged disruptions at U.S. refining assets. This is likely a near‑term negative catalyst for the stock. MSN
BP Company Profile
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.
Featured Stories
Receive News & Ratings for BP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BP and related companies with MarketBeat.com's FREE daily email newsletter.
