What are analysts saying about BP stock?

What are analysts saying about BP stock?

Stock Price Forecast The 26 analysts offering 12-month price forecasts for BP PLC have a median target of 35.96, with a high estimate of 50.42 and a low estimate of 29.35. The median estimate represents a +29.02% increase from the last price of 27.87.

What is the future for BP share price?

8 analysts have issued 1-year target prices for BP’s stock. Their BP stock forecasts range from GBX 360 to GBX 700. On average, they predict BP’s share price to reach GBX 516.88 in the next twelve months. This suggests a possible upside of 36.2% from the stock’s current price.

Are BP shares a buy or sell?

– Buy BP Shares (BP.. L, LON:BP.) – BP. Share Price Today – Buy BP….BP (BP.)

Price 451.40p on 09-06-2022 at 05:00:03
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Sell 436.00p
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Is british petroleum a buy?

The financial health and growth prospects of BP, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.

Is BP a good stock for 2022?

BP’s Stock Price Performance In 2022 Year-to-date BP’s share price grew by +17.4% in 2022 thus far, and this was much better than the S&P 500’s -7.5% decline over the same period. It is no surprise that BP’s shares have done well on an absolute market and also outperformed the broader market.

Are BP shares undervalued?

REPYY’s P/B has been as high as 0.86, as low as 0.63, with a median of 0.74 over the past 12 months. Value investors will likely look at more than just these metrics, but the above data helps show that BP and Repsol are likely undervalued currently.

Will BP dividends go up?

The group announced a fourth quarter dividend worth 5.46 cents, bringing the total for the year to 21.420 cents. The group also announced a further $1.5bn share buyback. Assuming an oil price of $60 per barrel, the group plans to increase its dividend by 4% and deliver around $4bn in buybacks each year to 2025.

Is BP good for long term?

The Takeaway. BP is a great pick for long-term-oriented energy investors. It is in the midst of a transition right now, but its core business is far from broken and it currently pays a juicy 4.4% dividend and is doing a stellar job with buybacks.

Is BP undervalued?

BP’s prospects for commercial growth in the petroleum industry are undervalued. The firm has a P-E ratio of 7.3 X based off of FY 2023 expected profits, indicating that the petroleum company is significantly undervalued relative to its earnings and cash flow potential in the current petroleum bull market.

Why is BP so undervalued?

Shares of BP (NYSE:BP) remain fundamentally undervalued as the firm experiences a robust earnings and cash flow recovery due to strengthening petroleum demand and higher end-market pricing. With petroleum prices marching towards $100 per-barrel, BP has considerable revaluation potential!

Will BP raise its dividend in 2022?

For the first quarter bp has announced a dividend of 5.46 cents per ordinary share payable in June 2022. Operating cash flow* of $8.2 billion includes a working capital* build of $4.1 billion (after adjusting for inventory holding gains* and fair value accounting effects*).

Is BP a good long term investment?

Its shares are very inexpensive, and despite a decision to not invest a lot of money into new oil projects, BP will be able to finance attractive payouts to its owners via both dividends and buybacks. With oil trading at a highly attractive price, BP should be immensely profitable this year.

Is Bayer stock undervalued?

Currently, 24 S&P global analysts value Bayer at a target of €61/share, which gives us a 21% undervaluation. This is already lower than the price target 1 year ago, and in this company, we have clear times when analysts have been either spot-on or have even undervalued and under-targeted this company.

Should you buy BP stock?

Valuation is also important, so investors should note that BP has a Forward P/E ratio of 6.97 right now. Its industry sports an average Forward P/E of 7.79, so we one might conclude that BP is trading at a discount comparatively. Also, we should mention that BP has a PEG ratio of 0.52.

Should I Sell my BP stock?

Should I buy, sell or hold BP (LSE: BP) shares published its ambitious plan to help the organisation transition away from hydrocarbons. To my mind, BP shares look more attractive now that this plan has been published. To be blunt, I think that if

What does bp mean in stock?

Helge Lund (chairman)

  • Bernard Looney (chief executive officer)
  • Brian Gilvary (chief financial officer)
  • Nils Andersen (independent non-executive director)
  • Alison Carnwath,DBE (independent non-executive director)
  • Pamela Daley (independent non-executive director)
  • Ian Davis (senior independent director)
  • Ann Dowling,DBE (independent non-executive director)
  • What is the value of BP stock?

    – The all-time high BP stock closing price was 79.70 on November 06, 2007. – The BP 52-week high stock price is 34.16, which is 2.8% above the current share price. – The BP 52-week low stock price is 22.43, which is 32.5% below the current share price. – The average BP stock price for the last 52 weeks is 26.74.