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 minimum price target given was 30.66, implying potential capital losses of -12.37 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -11.24 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -24.01 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 3 analysts made negative revisions to their fiscal year's estimates.

The growth rate of BP's earnings is estimated by analysts to be 144.48 percent. The PEG ratio of a stock is another value frequently studied by investors. 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. BP has a PEG ratio of 0.4.

In the last 52-weeks, BP has achieved a high of 38.68 and a low of 32.50. 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.