A number of research firms have changed their ratings and price targets for BP (NYSE: BP):
- 11/2/2026 – BP had its price target raised by Wells Fargo & Company from $57.00 to $63.00. They now have an “overweight” rating on the stock.
- 10/22/2026 – BP was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 10/20/2026 – BP was given a new $49.00 price target by DA Davidson.
- 10/20/2026 – BP had its price target raised by TD Cowen from $47.00 to $49.00. They now have a “hold” rating on the stock.
- 10/5/2026 – BP had its “overweight” rating reaffirmed by Barclays.
- 10/5/2026 – BP had its price target raised by Mizuho from $53.00 to $56.00. They now have an “outperform” rating on the stock.
- 10/5/2026 – BP was upgraded by Evercore to “outperform”.
- 10/1/2026 – BP is now covered by Citigroup. They set a “buy” rating on the stock.
- 10/1/2026 – BP is now covered by Needham & Company LLC. They set a “hold” rating on the stock.
- 10/1/2026 – BP was downgraded by UBS Group from “buy” to “hold”.
- 10/1/2026 – BP is now covered by Oppenheimer. They set an “outperform” rating on the stock.
- 10/1/2026 – BP was downgraded by BTIG Research to “neutral”.
- 9/30/2026 – BP was upgraded by Wells Fargo & Company from “equal weight” to “overweight”. They now have a $57.00 price target on the stock, up from $48.00.
- 9/28/2026 – BP had its “buy” rating reaffirmed by TD Cowen.
- 9/28/2026 – BP had its price target raised by TD Cowen from $41.00 to $47.00. They now have a “hold” rating on the stock.
- 9/25/2026 – BP was upgraded by HSBC from “hold” to “buy”. They now have a $51.30 price target on the stock, up from $46.00.
- 9/23/2026 – BP was upgraded by JPMorgan Chase & Co. from “neutral” to “overweight”.
- 9/8/2026 – BP was upgraded by Zacks Research from “hold” to “strong-buy”.
BP Stock Down 4.5%
Shares of NYSE BP traded down $2.15 during mid-day trading on Wednesday, reaching $45.44. The company had a trading volume of 6,672,346 shares, compared to its average volume of 10,686,221. The company has a current ratio of 1.29, a quick ratio of 0.95 and a debt-to-equity ratio of 0.62. The firm has a 50 day simple moving average of $46.10 and a two-hundred day simple moving average of $43.02. The stock has a market cap of $119.04 billion, a P/E ratio of 13.36, a PEG ratio of 0.42 and a beta of 0.16. BP p.l.c. has a 52-week low of $33.22 and a 52-week high of $51.49.
BP (NYSE:BP – Get Free Report) last announced its quarterly earnings results on Friday, October 30th. The oil and gas exploration company reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $2.66 by $0.60. The firm had revenue of $68.40 billion during the quarter, compared to analysts’ expectations of $63.14 billion. BP had a net margin of 3.74% and a return on equity of 24.67%. BP’s quarterly revenue was up 41.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.85 earnings per share. Sell-side analysts predict that BP p.l.c. will post 8.27 earnings per share for the current year.
BP Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, November 13th will be given a $0.5196 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.6%. BP’s dividend payout ratio is 60.59%.
BP p.l.c. is a global integrated energy company headquartered in London, United Kingdom. Its operations span the exploration, development and production of oil and natural gas, as well as the processing, refining, transportation and marketing of energy products.
Through its businesses, BP supplies fuels for road transportation, aviation and marine use, along with lubricants marketed under the Castrol brand. The company also operates retail fuel and convenience locations and provides energy products and services to commercial and industrial customers.
BP has expanded its activities beyond traditional hydrocarbons to include lower-carbon businesses such as renewable power, bioenergy, electric-vehicle charging and hydrogen.
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