ConocoPhillips found using ticker (COP) now have 27 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 167 and 104 calculating the average target price we see 139.48. With the stocks previous close at 110.02 this now indicates there is a potential upside of 26.8%. The 50 day moving average now sits at 123.23 and the 200 moving average now moves to 106.58. The company has a market capitalisation of $139,286m. Visit the company website at: https://www.conocophillips.com
The potential market cap would be $176,582m 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.
