The latest price target for BP (NYSE:BP) was reported by Wells Fargo on October 30, 2024. The analyst firm set a price target for $33.00 expecting BP to rise to within 12 months (a possible 12.94% upside). 21 analyst firms have reported ratings in the last year.

The latest analyst rating for BP (NYSE:BP) was provided by Wells Fargo, and BP maintained their equal-weight rating.

The last upgrade for BP PLC happened on April 3, 2024 when Erste Group raised their price target to N/A. Erste Group previously had a hold for BP PLC.

The last downgrade for BP PLC happened on October 10, 2024 when Scotiabank changed their price target from $42 to $36 for BP PLC.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of BP, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for BP was filed on October 30, 2024 so you should expect the next rating to be made available sometime around October 30, 2025.

While ratings are subjective and will change, the latest BP (BP) rating was a maintained with a price target of $35.00 to $33.00. The current price BP (BP) is trading at is $29.22, which is out of the analyst’s predicted range.