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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  BP plc    BP.   GB0007980591

BP PLC

(BP.)
  Report
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BP plc : The downward trend should continue

01/14/2020 | 04:03am EST
short sell
Target price hit
Entry price : 495.85GBX | Target : 462.5GBX | Stop-loss : 520GBX | Potential : 6.73%
The technical chart pattern of stocks in BP plc suggests a continuation of the underlying downward trend, which has already been in place for a number of trading sessions.
Investors should open a short trade and target the GBX 462.5.
BP plc : BP plc : The downward trend should continue
Strengths
  • The company shows low valuation levels, with an enterprise value at 0.54 times its sales.
  • This company will be of major interest to investors in search of a high dividend stock.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses
  • The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
  • According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
  • The company does not generate enough profits, which is an alarming weak point.
  • For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
  • For the past seven days, analysts have been lowering their EPS expectations for the company.
  • For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
  • For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
  • The underlying tendency is negative on the weekly chart below the resistance at 508.9 GBp

© MarketScreener.com 2020
Stocks mentioned in the article
ChangeLast1st jan.
AMP LIMITED -0.32% 1.55 End-of-day quote.-0.64%
AT HOME GROUP INC. 3.31% 25.9 Delayed Quote.62.16%
BP PLC 0.61% 282.35 Delayed Quote.10.15%
BYD COMPANY LIMITED 9.35% 278.4 End-of-day quote.37.01%
NEXT PLC -0.03% 7880 Delayed Quote.11.23%

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2020 191 B - -
Net income 2020 -22 283 M - -
Net Debt 2020 45 474 M - -
P/E ratio 2020 -2,59x
Yield 2020 9,68%
Capitalization 57 066 M 78 374 M -
EV / Sales 2020 0,54x
EV / Sales 2021 0,44x
Nbr of Employees 67 600
Free-Float 93,5%
Upcoming event on BP PLC
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 4,49 $
Last Close Price 2,82 $
Spread / Highest target 136%
Spread / Average Target 58,9%
Spread / Lowest Target -11,1%
EPS Revisions
Managers and Directors
NameTitle
Bernard Looney Chief Executive Officer & Director
Helge Lund Chairman
Andy Hopwood COO & Executive VP-Upstream Strategy
Murray Auchincloss Chief Financial Officer
Angela Rosemary Emily Strank Chief Scientist & Head-Downstream Technology
Sector and Competitors
1st jan.Capitalization (M$)
BP PLC10.15%77 440
EXXON MOBIL CORPORATION13.78%198 304
RELIANCE INDUSTRIES LTD-2.23%168 820
CHINA PETROLEUM & CHEMICAL CORPORATION11.53%72 019
NESTE OYJ2.06%56 224
PTT-5.88%38 088