BP (LON:BP) Upgraded to Buy at UBS Group

BP (LON:BP) was upgraded by equities researchers at UBS Group to a “buy” rating in a note issued to investors on Thursday,MarketScreener reports.

BP has been the topic of a number of other research reports. Morgan Stanley raised shares of BP to an “overweight” rating in a research report on Wednesday, March 25th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 650 price target on shares of BP in a report on Wednesday. Barclays restated a “buy” rating on shares of BP in a research report on Tuesday. Berenberg Bank reaffirmed a “buy” rating on shares of BP in a research report on Thursday, April 2nd. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of BP in a research note on Thursday, March 26th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 559.

BP Stock Performance

Shares of LON BP opened at GBX 562.10 on Thursday. BP has a 12 month low of GBX 379.70 and a 12 month high of GBX 562.30. The company has a market cap of £109.40 billion, a P/E ratio of 41.99, a P/E/G ratio of 0.35 and a beta of 0.06. The business’s 50 day moving average is GBX 522.67 and its two-hundred day moving average is GBX 469.08. The company has a quick ratio of 0.62, a current ratio of 1.26 and a debt-to-equity ratio of 136.71.

Insider Transactions at BP

In other BP news, insider Carol Howle acquired 62 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was bought at an average price of GBX 510 per share, for a total transaction of £316.20. Over the last 90 days, insiders have acquired 142 shares of company stock valued at $70,530. Insiders own 0.26% of the company’s stock.

Trending Headlines about BP

Here are the key news stories impacting BP this week:

• Positive Sentiment: Goldman Sachs kept a Buy rating and raised its price target to GBX 650, citing solid trading and resilient cash generation as reasons to expect continued outperformance. BP: Solid Trading Performance and Resilient Cash Generation Underpinning a Sustained Buy Rating
• Positive Sentiment: UBS upgraded BP to Buy as the new CEO takes over, framing leadership change as a potential catalyst for strategic progress and re-rating. BP raised to Buy at UBS as new CEO takes over ‘at critical turning pont’
• Positive Sentiment: Barclays reaffirmed its Buy rating, supporting upside expectations from trading and operational execution. Barclays Reaffirms Buy Rating for BP (LON:BP)
• Positive Sentiment: BP reported an “exceptional” quarter for oil trading as geopolitical-driven volatility (Iran war) pushed trading gains — a near-term earnings tailwind. BP hails ‘exceptional’ quarter for oil traders as Iran war stokes volatility
• Positive Sentiment: Minor insider buy reported (Kate Thomson purchased 5 shares), a small supportive signal but immaterial to fundamentals. LON:BP Insider Transaction
• Neutral Sentiment: FT/Reuters report the new CEO plans to simplify BP into two units (upstream/downstream) and overhaul the executive ranks — strategic change that can unlock value but creates execution risk and transition noise. BP’s new CEO to simplify company structure into upstream, downstream units
• Neutral Sentiment: TD Cowen maintained a Hold (PT GBX 570), noting near-term trading tailwinds but medium-term commodity and earnings uncertainty — a cautious view that tempers enthusiasm. BP: Near-Term Trading Tailwinds but Medium-Term Commodity and Earnings Uncertainty Justify Hold
• Neutral Sentiment: JPMorgan and Jefferies reaffirmed Neutral/Hold ratings (Jefferies’ PT noted at GBX 650 in some reports), indicating a split of opinion among brokers. JPMorgan Chase & Co. Reaffirms Neutral Rating for BP (LON:BP)
• Negative Sentiment: Analysts flagged a recent rise in debt that may delay or reduce the likelihood of a return to share buybacks, limiting shareholder returns despite stronger trading profits. BP’s debt boost could dash hopes of return to share buybacks, analyst says

About BP

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.