Consensus rating for Concho Resources
Approximately 74% of analysts rate Concho Resources (CXO) a “buy,” and 20% rate it a “hold.” The remaining ~6% rate it a “sell.” The average broker target price of $136.77 for CXO implies a return of ~8.5% in the next 12 months.
High, low, and median analyst target prices for Concho Resources are $180, $100, and $140, respectively. CXO is a component of the iShares Global Energy ETF (IXC). IXC invests 0.60% of its portfolio in the company.