ConocoPhillips with ticker code (COP) now have 24 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 153 and 106 with a mean TP of 125.73. Given that the stocks previous close was at 100.59 this would indicate that there is a potential upside of 25.0%. There is a 50 day moving average of 102.56 and the 200 moving average now moves to 96.05. The company has a market cap of $126,285m. Find out more information at: https://www.conocophillips.com
The potential market cap would be $157,846m 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.
