ConocoPhillips – Consensus Indicates Potential 10.6% Upside

Broker Ratings
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ConocoPhillips with ticker code (COP) have now 25 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 153 and 106 calculating the mean target price we have 125.1. Given that the stocks previous close was at 113.13 this would imply there is a potential upside of 10.6%. There is a 50 day moving average of 100.23 while the 200 day moving average is 95.21. The market cap for the company is $143,687m. You can visit the company’s website by visiting: https://www.conocophillips.com

The potential market cap would be $158,890m based on the market concensus.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. It primarily engages in the conventional and tight oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production operations. The company’s portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; various LNG developments; oil sands assets in Canada; and an inventory of conventional and unconventional exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.

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