BP p.l.c. (NYSE: BP) is a global energy company involved in oil and gas exploration, production, refining, and distribution. It competes with other major energy companies like ExxonMobil and Chevron. On January 6, 2026, Evercore ISI set a price target of $38 for BP, while the stock was trading at $36.12, indicating a potential upside of about 5.2%.
BP has received a consensus "Hold" recommendation from twenty-two analysts, as reported by Marketbeat Ratings. Among these analysts, three recommend selling, eight suggest holding, nine recommend buying, and two have issued a strong buy recommendation. The average one-year target price for BP is approximately $43.23, suggesting potential growth.
Recent analyst activity shows Piper Sandler increased their price target for BP from $41.00 to $44.00, maintaining a "neutral" rating. Wells Fargo and Company also raised their target from $37.00 to $39.00, giving an "equal weight" rating. Scotiabank reaffirmed an "outperform" rating, indicating positive sentiment among some analysts.
BP's stock price has seen a slight increase of $0.29, or 0.81%, currently trading at $36.12. The stock's daily range has been between $34.63 and $36.23. Over the past year, BP's stock has fluctuated between a high of $37.64 and a low of $25.22, reflecting its volatility in the market.
BP's market capitalization is approximately $560.64 billion, with a trading volume of 15.98 million shares. This large market cap indicates BP's significant presence in the energy sector, while the trading volume reflects active investor interest in the stock.
