Analyst Ratings for BP PLC ADR (BP)

Updated: 2017-07-28

An average rating of Overweight has been given to BP PLC ADR (NYSE:BP) by analysts covering the stock. BP had previously received a consensus rating of Overweight a month ago.

35 analysts issued ratings on the stock, where 15 gave BP a buy rating, 1 gave an overweight rating, 15 issued a hold rating, 2 issued an underweight rating, and 2 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 4 in the number of analysts with a negative outlook on the stock.

BP was given price targets by several analysts. The maximum price target given was 52.64, implying a possible profit of 50.44 percent. The most pessimistic analyst gave a price target of 30.66, which equates to a potential downside of -12.37 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -37.29 percent. The average change in earnings estimates over the last 90 days is -58.5 percent. Meanwhile, fiscal year estimates have been revised downwards by -11.24 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -24.01 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 3 analysts decreased their estimates.

The growth rate of BP's earnings is estimated by analysts to be 144.48 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of BP is 0.4.

BP has a 52-week high of 38.68 and a 52-week low of 32.50. Currently the stock is 7.66 percent higher than its low, and 9.54 percent below the high. BP has a P/E ratio of 58.04. Investors typically compare the P/E ratio to a company's peers in the industry. The BP value stock report compares BP to some of its peers using value stock charts. The stock has a market capitalization of $114.79 billion. BP's next earnings release will be on 0000-00-00, which is days away.