ConocoPhillips – Consensus Indicates Potential 40.0% Upside

Broker Ratings
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ConocoPhillips found using ticker (COP) now have 27 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 160 and 83.9 with a mean TP of 123.4. Now with the previous closing price of 88.13 this indicates there is a potential upside of 40.0%. There is a 50 day moving average of 99.91 and the 200 day moving average is 89.25. The market capitalisation for the company is $119,062m. Find out more information at: https://www.conocophillips.com

The potential market cap would be $166,711m 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.

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