ConocoPhillips found using ticker (COP) now have 27 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 142 and 83.9 with the average target price sitting at 120.14. Given that the stocks previous close was at 112.12 this would indicate that there is a potential upside of 7.2%. The 50 day moving average now sits at 94.35 and the 200 day moving average is 92.45. The market cap for the company is $144,387m. Visit the company website at: https://www.conocophillips.com
The potential market cap would be $154,715m 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.
