RBC Capital’s analyst, Biraj Borkhataria today upgraded BP to Sector Perform from Underperform .
The upgrade is based on the company’s new business strategy which reduces the risk exposure and should boost the company’s stock valuation into 2025.
STA Research has a average target of $26 on the stock and a consensus Hold rating. The technical indicator currently is bearish.
| AVG Analyst Rating | STA Analysis | |
|---|---|---|
Strong Buy
|
Slightly Bullish
|
|
Strong Buy
|
Slightly Bearish
|
|
| N/A |
Bearish
|
|
Strong Buy
|
Slightly Bullish
|
|
| N/A |
Bullish
|
|
| N/A |
Slightly Bullish
|
|
| N/A |
Bearish
|
|
|
Buy
|
Neutral
|
|
Hold
|
Slightly Bearish
|
|
| N/A |
Bullish
|
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