ConocoPhillips found using ticker (COP) have now 26 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 160 and 102 and has a mean target at 138. Given that the stocks previous close was at 108.11 this now indicates there is a potential upside of 27.6%. The 50 day moving average now sits at 117.46 and the 200 moving average now moves to 109.77. The company has a market capitalisation of $131,553m. You can visit the company’s website by visiting: https://www.conocophillips.com
The potential market cap would be $167,924m 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.
