New Analyst Forecast: $BP Given $29.0 Price Target

We just received data on a new analyst forecast for $BP. Giacomo Romeo from Jefferies set a price target of 29.0 for BP.

To track analyst ratings and price targets for $BP, check out Quiver Quantitative's $BP forecast page.

$BP Price Targets

Multiple analysts have issued price targets for $BP recently. We have seen 2 analysts offer price targets for $BP in the last 6 months, with a median target of $39.5.

Here are some recent targets:

• Giacomo Romeo from Jefferies set a target price of $29.0 on 05/19/2025
• Doug Leggate from Wolfe Research set a target price of $50.0 on 01/14/2025

$BP Congressional Stock Trading

Members of Congress have traded $BP stock 4 times in the past 6 months. Of those trades, 3 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $BP stock by members of Congress over the last 6 months:

• REPRESENTATIVE MARJORIE TAYLOR GREENE purchased up to $15,000 on 05/05.
• REPRESENTATIVE BRUCE WESTERMAN has traded it 3 times. They made 2 purchases worth up to $30,000 on 03/21, 03/03 and 1 sale worth up to $15,000 on 04/21.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$BP Hedge Fund Activity

We have seen 500 institutional investors add shares of $BP stock to their portfolio, and 566 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• FISHER ASSET MANAGEMENT, LLC added 37,651,668 shares (+161.3%) to their portfolio in Q1 2025, for an estimated $1,272,249,861
• NORGES BANK added 11,830,464 shares (+121.8%) to their portfolio in Q4 2024, for an estimated $349,708,515
• MILLENNIUM MANAGEMENT LLC removed 10,226,101 shares (-94.1%) from their portfolio in Q1 2025, for an estimated $345,539,952
• CITADEL ADVISORS LLC added 6,326,823 shares (+500.0%) to their portfolio in Q1 2025, for an estimated $213,783,349
• NOMURA HOLDINGS INC removed 5,787,095 shares (-35.9%) from their portfolio in Q1 2025, for an estimated $195,545,940
• BANK OF MONTREAL /CAN/ removed 4,809,788 shares (-93.2%) from their portfolio in Q1 2025, for an estimated $162,522,736
• POINT72 ASSET MANAGEMENT, L.P. removed 3,806,123 shares (-91.5%) from their portfolio in Q1 2025, for an estimated $128,608,896

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.