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.

Several price targets were given for BP by the analysts covering the stock. The most optimistic price target was 52.64, which equates to a potential upside 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. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates downwards for this quarter, by about -37.29 percent on average, compared to last month. 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.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 3 analysts that revised their FY estimates downwards.

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. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of BP is 0.4.

BP has traded between a high of 38.68 and a low of 32.50 over the past year. Currently the stock is 7.66 percent higher than its low, and below the high by 9.54 percent. BP has a price/earnings 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 market cap of BP is $114.79 billion. BP will post this quarters earnings in days, on 0000-00-00.