ConocoPhillips with ticker code (COP) now have 29 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 117 and 65 with the average target price sitting at 93.53. With the stocks previous close at 83.62 this now indicates there is a potential upside of 11.9%. The 50 day MA is 73.88 and the 200 day moving average is 63.09. The market capitalisation for the company is $114,406m. Find out more information at: https://www.conocophillips.com
The potential market cap would be $127,964m 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. The company primarily engages in the conventional and tight oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production operations. Its 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. The company was founded in 1917 and is headquartered in Houston, Texas.
