From Yahoo Finance: 2025-04-11 11:50:00

UBS analyst Joshua Stone downgraded BP (BP) to Neutral from Buy with a price target of 400 GBp, down from 525 GBp. The recent rebalancing of BP’s financial frame and strategic direction is seen as an important step to restore investor confidence. However, the next steps, such as reducing net debt and replenishing reserves, may take longer due to market financial uncertainty. Delivery of growth and asset sales could be challenging for BP.

Source: TheFly

For more information on BP, visit TipRanks.

Disclaimer & Disclosure | Report an Issue



Read more at Yahoo Finance: BP downgraded to Neutral at UBS on ‘harder’ path forward