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.

A number of analysts gave price targets for BP. The most optimistic price target was 52.64, implying a possible profit of 50.44 percent. The lowest price target was 30.66, implying a possible loss of -12.37 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

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. 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 revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's 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. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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 traded between a high of 38.68 and a low of 32.50 over the past year. Today's price is 7.66 percent above the 52-week low, and 9.54 percent lower than its 52-week 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 market cap of BP is $114.79 billion. BP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.