ConocoPhillips found using ticker (COP) have now 29 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 117 and 65 and has a mean target at 93.63. Given that the stocks previous close was at 82.72 this is indicating there is a potential upside of 13.2%. There is a 50 day moving average of 74.73 while the 200 day moving average is 63.77. The market capitalisation for the company is $109,499m. Company Website: https://www.conocophillips.com
The potential market cap would be $123,941m 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.
