BP’s (BP) “Neutral” Rating Reiterated at JPMorgan Chase & Co.

by · The Cerbat Gem

JPMorgan Chase & Co. reiterated their neutral rating on shares of BP (LON:BP – Free Report) in a report released on Tuesday,MarketScreener reports.

A number of other research analysts also recently weighed in on BP. Berenberg Bank reaffirmed a “buy” rating on shares of BP in a research note on Thursday, April 2nd. Barclays reaffirmed a “buy” rating on shares of BP in a research note on Tuesday. Jefferies Financial Group reaffirmed a “neutral” rating and set a $650.00 price target on shares of BP in a research note on Tuesday. The Goldman Sachs Group reaffirmed a “buy” rating on shares of BP in a research note on Thursday, March 26th. Finally, Morgan Stanley raised BP to an “overweight” rating in a research note on Wednesday, March 25th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, BP currently has a consensus rating of “Moderate Buy” and an average price target of GBX 559.

Read Our Latest Research Report on BP

BP Stock Up 3.9%

Shares of LON:BP opened at GBX 584 on Tuesday. The business’s 50-day moving average is GBX 524.35 and its 200-day moving average is GBX 469.73. BP has a 1 year low of GBX 379.70 and a 1 year high of GBX 562.30. The company has a debt-to-equity ratio of 136.71, a current ratio of 1.26 and a quick ratio of 0.62. The company has a market capitalization of £113.66 billion, a price-to-earnings ratio of 43.62, a P/E/G ratio of 0.35 and a beta of 0.06.

Insider Buying and Selling

In related news, insider Carol Howle acquired 62 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was purchased at an average cost of GBX 510 per share, with a total value of £316.20. Over the last three months, insiders purchased 142 shares of company stock worth $70,530. Insiders own 0.26% of the company’s stock.

BP News Roundup

Here are the key news stories impacting BP this week:

  • Positive Sentiment: UBS upgraded BP to a Buy, signaling confidence in the new management and near‑term outlook following recent trading strength. Article Title
  • Positive Sentiment: Goldman Sachs maintained a Buy and raised its price target to p650, citing solid trading performance and resilient cash generation that underpin a sustained buy view. Article Title
  • Positive Sentiment: Barclays reaffirmed its Buy rating, adding to the cluster of favorable broker sentiment supporting the stock. Article Title
  • Neutral Sentiment: BP reported an “exceptional” quarter for oil trading as geopolitical-driven price volatility boosted results—positive operational news but timing can be transient. Article Title
  • Neutral Sentiment: Jefferies, JPMorgan and TD Cowen have largely reaffirmed Hold/Neutral stances or kept price targets steady, reflecting mixed views on sustainability of earnings upside. Article Title Article Title Article Title
  • Neutral Sentiment: BP’s new CEO is reshaping the company and reportedly planning to split into upstream and downstream units—strategic clarity may help long term but creates near‑term execution risk. Article Title
  • Neutral Sentiment: Insider buying was minimal (5 shares by Kate Thomson), a token positive signal but too small to move fundamentals. Article Title
  • Negative Sentiment: Analysts warn that a recent boost in BP’s debt could delay a return to share buybacks and weighs on shareholder return expectations—this is a key headwind for the stock. Article Title

About BP

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BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business.

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