BP PLC Stock Target Price and Analyst Consensus

BP Stock  USD 37.46  0.11  0.29%   
The current analyst and expert consensus on BP PLC is Buy with 7 buy recommendations. The current projected BP PLC target price consensus is 45.09, with 16 analyst opinions. The most common way BP PLC ADR analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to BP PLC executives, vendors, and/or customers. BP PLC buy-or-sell recommendation module provides average expert sentiment on the projected BP PLC ADR target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on BP PLC to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
41.03
Highest Forecast
50.05
Target Price
45.09
As of 03/28/2024, Gross Profit is likely to drop to about 26.3 B. In addition to that, Pretax Profit Margin is likely to drop to 0.06. At this time, BP PLC's Short Term Debt is relatively stable compared to the past year. As of 03/28/2024, Common Stock is likely to grow to about 5.2 B, while Total Current Liabilities is likely to drop slightly above 49.6 B.
  
It's important to approach BP PLC's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

BP PLC Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. BP PLC target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. BP PLC's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   16  Buy
Most BP PLC analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand BP PLC stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of BP PLC ADR, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

BP PLC Target Price Projection

BP PLC's current and average target prices are 37.46 and 45.09, respectively. The current price of BP PLC is the price at which BP PLC ADR is currently trading. On the other hand, BP PLC's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

BP PLC Market Quote on 28th of March 2024

Low Price37.19Odds
High Price37.49Odds

37.46

Target Price

Analyst Consensus On BP PLC Target Price

Low Estimate41.03Odds
High Estimate50.05Odds

45.09

Historical Lowest Forecast  41.03 Target Price  45.09 Highest Forecast  50.05
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on BP PLC ADR and the information provided on this page.

BP PLC Analyst Ratings

BP PLC's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about BP PLC stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of BP PLC's financials, market performance, and future outlook by experienced professionals. BP PLC's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize BP PLC price targets

BP PLC's stock target price is an estimate of its future price, usually made by analysts. Using BP PLC's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at BP PLC's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if BP PLC's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional BP PLC Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of BP PLC is a key component of BP PLC valuation and have some predictive power on the future returns of a BP PLC.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BP PLC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
36.2037.4338.66
Details
Intrinsic
Valuation
LowRealHigh
33.7140.8742.10
Details
Naive
Forecast
LowNextHigh
36.4537.6838.90
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.881.111.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BP PLC. Your research has to be compared to or analyzed against BP PLC's peers to derive any actionable benefits. When done correctly, BP PLC's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in BP PLC ADR.

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When determining whether BP PLC ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BP PLC Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bp Plc Adr Stock. Highlighted below are key reports to facilitate an investment decision about Bp Plc Adr Stock:
Check out Macroaxis Advice on BP PLC to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running BP PLC's price analysis, check to measure BP PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BP PLC is operating at the current time. Most of BP PLC's value examination focuses on studying past and present price action to predict the probability of BP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP PLC's price. Additionally, you may evaluate how the addition of BP PLC to your portfolios can decrease your overall portfolio volatility.
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The data published in BP PLC's official financial statements usually reflect BP PLC's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of BP PLC ADR. For example, before you start analyzing numbers published by BP PLC accountants, it's critical to develop an understanding of what BP PLC's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of BP PLC's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, BP PLC's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in BP PLC's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of BP PLC ADR. Please utilize our Beneish M Score to check the likelihood of BP PLC's management manipulating its earnings.