Analysts say the BP share price can hit this price, but can we trust the forecast?
2025 hasn’t been an amazing year for the BP (LSE: BP.) share price. While the FTSE 100 index has climbed about 14.5%, the oil stock has only risen about 4.6%. Is there potential for an improvement in performance at some point? City analysts seem to think so. Here’s where they see the stock going in the medium term… Analysts are bullish At present, the average analyst price target for BP shares is 450p. That’s about 9% above the current share price. Add in the dividend yield of 5.8% here, and investors could be looking at attractive, double-digit returns if that price target was to be hit. A near-15% return in a year or so from a blue-chip stock is without a doubt a great result. Take that forecast with a pinch of salt The thing is, with a stock like BP, share price forecasts are pretty meaningless. Realistically, no one has any idea where this stock is going in the future. The reason why is that oil prices – a key driver of BP’s revenues, earnings and share price – fluctuate from day t...
