Analyse BP stock

Plausibility check:
7.41 EUR is only around 4.4% above the 52-week high of 7.13 EUR and around 35% above the current price of 5.47 EUR. This is fundamentally achievable for BP, but only with stable to higher oil and gas prices, continued solid free cash flow and no greater macroeconomic burden.

Quantitative:
The stated P/E ratio of 6.82 signals a low valuation, which is typical in the energy sector, but also the high cyclicality and reflects dependence on raw material prices. This makes BP seem not expensive compared to large peers. A consensus price target of 7.41 EUR does not impl...