BP Stock: Analysts Are Mostly on the Fence
Of the ten analysts covering BP (BP), four (40%) recommend “buy” or “strong buy,” five (50%) recommend “hold,” and one (10%) recommends “sell.” Jeffries recently cut its target price for BP to $48.60. However, Goldman Sachs has added BP stock to its Conviction List. Analysts’ mean target price for BP is $49, implying an 18% upside.