BP (LON:BP) Given Buy Rating at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of BP (LON:BP) in a research note issued to investors on Thursday,MarketScreener reports.

A number of other equities research analysts also recently weighed in on the company. Barclays restated a “buy” rating on shares of BP in a research report on Tuesday. Jefferies Financial Group reissued a “neutral” rating on shares of BP in a research note on Thursday. JPMorgan Chase & Co. raised their price target on BP from GBX 460 to GBX 480 and gave the stock a “neutral” rating in a research report on Friday, December 5th. Morgan Stanley upgraded shares of BP to an “overweight” rating in a research report on Wednesday, March 25th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of BP in a report on Thursday, March 26th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 517.

BP Trading Up 2.6%

BP stock opened at GBX 591.20 on Thursday. The business has a fifty day moving average price of GBX 499.75 and a 200 day moving average price of GBX 459.08. The company has a debt-to-equity ratio of 136.71, a current ratio of 1.26 and a quick ratio of 0.62. The stock has a market capitalization of £115.06 billion, a price-to-earnings ratio of 44.16, a P/E/G ratio of 0.35 and a beta of 0.06. BP has a fifty-two week low of GBX 379.70 and a fifty-two week high of GBX 562.30.

Insider Activity

In related news, insider Carol Howle purchased 73 shares of BP stock in a transaction that occurred on Monday, January 12th. The shares were acquired at an average price of GBX 426 per share, with a total value of £310.98. In the last quarter, insiders have purchased 215 shares of company stock worth $100,858. Corporate insiders own 0.26% of the company’s stock.

Key Stories Impacting BP

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.