BP p.l.c. (NYSE: BP) Analyst Ratings and Price Targets

Core Viewpoint - BP p.l.c. is a major player in the global energy sector, focusing on oil and gas exploration, production, refining, and distribution, with a current stock price of $36.12 and a potential upside indicated by various analysts [1][6]. Analyst Recommendations - BP has received a consensus "Hold" recommendation from twenty-two analysts, with three recommending sell, eight suggesting hold, nine recommending buy, and two issuing a strong buy recommendation [2]. - The average one-year target price for BP is approximately $43.23, indicating potential growth [2]. Price Target Adjustments - Piper Sandler has increased their price target for BP from $41.00 to $44.00 while maintaining a "neutral" rating [3]. - Wells Fargo raised their target from $37.00 to $39.00, giving an "equal weight" rating [3]. - Scotiabank reaffirmed an "outperform" rating, reflecting positive sentiment among some analysts [3]. Stock Performance - BP's stock price has increased by $0.29, or 0.81%, currently trading at $36.12, with a daily range between $34.63 and $36.23 [4]. - Over the past year, BP's stock has fluctuated between a high of $37.64 and a low of $25.22, indicating market volatility [4]. Market Capitalization and Trading Volume - BP's market capitalization is approximately $560.64 billion, reflecting its significant presence in the energy sector [5]. - The trading volume for BP is 15.98 million shares, indicating active investor interest in the stock [5].