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What Analysts Recommend for Concho following Its 4Q16 Earnings

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Consensus rating for Concho Resources

Approximately 81% of analysts rate Concho Resources (CXO) as a “buy,” and 19.4% rate it as a “hold.” The average broker target price of $162.23 for CXO implies a potential return of ~13% for the stock in the next 12 months.

Analysts’ high and low target prices for Concho Resources are $184 and $130, respectively. 

CXO is a component of the iShares Global Energy ETF (IXC). IXC invests 0.60% of its portfolio in the company.

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