ConocoPhillips with ticker code (COP) have now 30 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 120 and 65 with the average target price sitting at 100.31. With the stocks previous close at 93.52 this now indicates there is a potential upside of 7.3%. The day 50 moving average is 80.6 and the 200 day moving average is 66.91. The market cap for the company is $119,220m. Find out more information at: https://www.conocophillips.com
The potential market cap would be $127,876m 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. The company primarily engages in the conventional and tight oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production operations. Its 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. The company was founded in 1917 and is headquartered in Houston, Texas.
