Rate Cut Expectations: The Bank of England is widely anticipated to lower rates by 25 basis points to 3.75% during Thursday's meeting, a necessary move to address the highest inflation rate among G7 countries at 3.2%, thereby supporting economic recovery.
Inflation Data Impact: The unexpected drop in UK inflation on Wednesday has bolstered investor expectations for policy easing, although further rate cuts may still be some time away, indicating the central bank's cautious approach to economic challenges.
International Central Bank Dynamics: The European Central Bank is expected to keep rates steady at 2% while signaling potential growth forecast upgrades, reflecting confidence in economic prospects that could influence the pound's trajectory.
Corporate Leadership Changes: BP's appointment of Meg O'Neill, CEO of Australia's Woodside Energy, signifies a strategic pivot back to hydrocarbons, which may impact its stock price and market positioning.
BP
$33.76+Infinity%1D
Analyst Views on BP
Wall Street analysts forecast BP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BP is 35.90 USD with a low forecast of 6.29 USD and a high forecast of 44.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
Wall Street analysts forecast BP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BP is 35.90 USD with a low forecast of 6.29 USD and a high forecast of 44.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
4 Hold
0 Sell
Moderate Buy
Current: 34.470
Low
6.29
Averages
35.90
High
44.00
Current: 34.470
Low
6.29
Averages
35.90
High
44.00
Barclays
NULL -> Overweight
maintain
2025-12-12
Reason
Barclays
Price Target
2025-12-12
maintain
NULL -> Overweight
Reason
Barclays raised the firm's price target on BP to 590 GBp from 525 GBp and keeps an Overweight rating on the shares.
JPMorgan
Neutral
maintain
2025-12-05
Reason
JPMorgan
Price Target
2025-12-05
maintain
Neutral
Reason
JPMorgan raised the firm's price target on BP to 480 GBp from 460 GBp and keeps a Neutral rating on the shares.
BofA
Neutral -> Underperform
downgrade
2025-12-05
Reason
BofA
Price Target
2025-12-05
downgrade
Neutral -> Underperform
Reason
BofA downgraded BP to Underperform from Neutral with a price target of 375 GBp, down from 440 GBp. Lower oil and gas prices and deflating refining margins will "leave the sector grappling for more FCF cushions than it is already sitting on" and the firm sees "fewer inorganic cushions available that are not already discounted in elevated share prices," the analyst tells investors in a European oil and gas look ahead note for 2026.
Piper Sandler
Neutral
maintain
$41 -> $44
2025-11-10
Reason
Piper Sandler
Price Target
$41 -> $44
2025-11-10
maintain
Neutral
Reason
Piper Sandler raised the firm's price target on BP to $44 from $41 and keeps a Neutral rating on the shares. The firm says that although investor concern regarding the near-term outlook for crude oil is keeping sentiment muted for now, Q3 results continue to highlight the strong relative positioning of the group within energy. While consistent with longer-term trends, a few key takeaways remain clear, namely that free cash flow generation is resilient, headline growth remains relatively strong, and structural cost savings are gradually driving down breakeven, Piper adds.
About BP
BP p.l.c. is a United Kingdom-based integrated energy company. Its segments include Gas & low carbon energy, Oil production & operations, Customers & products, and Other businesses & corporate. The gas & low carbon energy comprises regions with upstream businesses that predominantly produce natural gas, gas marketing and trading activities and its solar, wind and hydrogen businesses. The oil production & operations segment comprises regions with upstream activities that predominantly produce crude oil, including bpx energy. The customers & products segment comprises its customer-focused businesses, which include convenience and retail fuels, electric vehicle (EV) charging, as well as Castrol, aviation and business-to-business (B2B) and midstream. It also includes its products businesses, refining and oil trading, as well as its bioenergy businesses. The other businesses and corporate also comprises the Company's shipping and treasury functions, and corporate activities worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
