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.