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 highest 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. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -37.29 percent. That number becomes -58.5 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -11.24 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -24.01 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY 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. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. BP has a PEG ratio of 0.4.

BP has traded between a high of 38.68 and a low of 32.50 over the past year. The current market price is above the trailing year's low by 7.66 percent, 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's next earnings release will be on 0000-00-00, which is days away.