BP p.l.c. is currently assessed with a consensus rating of Moderate Buy by financial analysts.
Analyst Consensus for BP Shares
The overall sentiment among analysts concerning BP p.l.c. is leaning towards a "Moderate Buy." This consensus rating provides an aggregated view based on various individual analyst recommendations. It suggests that, on average, experts see more potential for the stock to perform positively than negatively.
To break down this consensus, here is a summary of the individual analyst ratings:
| Rating Category | Number of Analysts |
|---|---|
| Buy | 5 |
| Hold | 8 |
| Sell | 1 |
This distribution indicates that while a significant portion of analysts recommend holding the stock, a higher number advise buying it compared to selling.
BP Share Price Target
In addition to the consensus rating, analysts have also provided an average share price target for BP p.l.c. This target represents the average price analysts expect the stock to reach within a certain timeframe, typically the next 12-18 months.
The average share price target for BP p.l.c. stands at 481.43p. This figure serves as a benchmark for potential future performance, reflecting analysts' projections based on their fundamental and technical analyses of the company.
