BP (LON:BP) Share Price Breaks Above Fifty Day Moving Average – Here’s What Happened

Posted by Jessica Moore on Oct 15th, 2026

BP p.l.c. (LON:BP – Get Free Report) shares passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of GBX 546.41 and traded as high as GBX 593.20. BP shares last traded at GBX 588, with a volume of 28,145,307 shares changing hands.

Wall Street Analysts Forecast Growth

Several research analysts have commented on BP shares. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 520 price target on shares of BP in a research report on Wednesday. Royal Bank Of Canada reaffirmed a “buy” rating on shares of BP in a report on Thursday, September 24th. The Goldman Sachs Group reissued a “buy” rating on shares of BP in a research report on Wednesday, July 1st. Berenberg Bank raised their price target on shares of BP from GBX 600 to GBX 605 and gave the stock a “buy” rating in a research note on Tuesday, August 18th. Finally, JPMorgan Chase & Co. lifted their price objective on BP from GBX 550 to GBX 675 and gave the company an “overweight” rating in a report on Wednesday, September 23rd. Ten research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, BP has a consensus rating of “Moderate Buy” and a consensus price target of GBX 605.

Get Our Latest Stock Report on BP

BP Stock Up 0.7%

The firm’s 50-day moving average is GBX 550.10 and its two-hundred day moving average is GBX 541.71. The company has a debt-to-equity ratio of 124.41, a quick ratio of 0.62 and a current ratio of 1.27. The stock has a market cap of £119.54 billion, a P/E ratio of 45.88, a PEG ratio of 0.35 and a beta of 0.06.

BP Company Profile

(Get Free Report)

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business.