On May 19, 2025, Jefferies analyst Giacomo Romeo issued a downgrade for BP (BP, Financial) from a "Buy" rating to a "Hold" rating. This action reflects a change in the investment outlook for BP, a major player in the energy sector.
In addition to the rating change, Jefferies significantly lowered its price target for BP (BP, Financial). The new price target is set at $29.00 USD, down from the prior target of $40.80 USD. This represents a substantial decrease of 28.92% in the expected stock price.
Investors in BP (BP, Financial) may want to consider this new analyst perspective, as it may impact future investment decisions. The adjustment in rating and price target can have implications for BP's market performance and its valuation in the coming months.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for BP PLC (BP, Financial) is $33.37 with a high estimate of $44.00 and a low estimate of $26.50. The average target implies an upside of 12.14% from the current price of $29.76. More detailed estimate data can be found on the BP PLC (BP) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, BP PLC's (BP, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for BP PLC (BP, Financial) in one year is $33.94, suggesting a upside of 14.05% from the current price of $29.76. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the BP PLC (BP) Summary page.
