Concho Resources: Analysts’ Stock Price Targets


Feb. 14 2017, Updated 7:38 a.m. ET

Consensus ratings for Concho Resources

The majority of analysts—approximately 78.0% —have rated Concho Resources (CXO) a “buy.” The remaining 22.0% have rated it a “hold.” The average target price of $162.23 implies a return of ~13.0% over the next 12 months.

Concho Resources’ (CXO) high target price stands at $184, and its low target price is ~$130.

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Analysts’ recent upgrades and downgrades

On December 9, 2016, Seaport Global Securities upgraded its rating for CXO from “accumulate” to “buy.”

CXO’s peer Apache (APA) saw Macquarie downgrade its rating from “neutral” to “underperform” on February 3, 2017.

Concho Resources (CXO) is expected to release its 4Q16 earnings on February 21, 2017. To know what to expect, read Concho Resources’ 4Q16 Earnings Outlook: Another Miss?


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