How Analysts View ConocoPhillips



Analyst recommendations for ConocoPhillips

As of November 17, 2017, around 42.9% of analysts covering ConocoPhillips (COP) have “buy” recommendations on the stock. As of November 17, 2017, Reuters reported 21 analysts having recommendations on COP. Of these, six analysts have “strong buy,” and nine analysts have “buy” recommendations, while six analysts have “hold” recommendations on COP. There aren’t any “sell” or “strong sell” recommendations on the stock.

COP’s median target price

The median target price on ConocoPhillips stock is $57.00, which is ~14% higher than its November 17, 2017, closing price of $50.13.

Analyst recommendation changes on COP

In the last three months, the number of analysts giving a “buy” recommendation on ConocoPhillips stock has fallen from ten to nine. The number of “strong buy,” “hold,” “sell,” and “strong sell” ratings have remained unchanged.

In the last three months, ConocoPhillips stock’s median target price has risen from $54.00 to $57.00. The most recent target price change on COP stock was on November 9, 2017. Simmons raised its target price on COP to $59.00 from $53.00.

Other oil and gas producers

Based on the median price targets from Wall Street analysts, Diamondback Energy (FANG) and CONSOL Energy (CNX) have potential upsides of ~19% and ~18%, respectively, from their November 17 closing prices. Southwestern Energy (SWN) has a potential upside of ~30%. CNX and SWN are primarily natural gas (UNG) producers and operate in the Appalachia region in the US.

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