uploads///COP Q Pre Analyst

ConocoPhillips’s Pre-Earnings Wall Street Ratings


Jan. 29 2018, Updated 10:32 a.m. ET

Analysts’ recommendations for ConocoPhillips

On January 24, 2018, Reuters reported that 23 analysts had made recommendations on ConocoPhillips (COP).

Of these analysts, 21.7% had “strong buy” recommendations and 52.2% had “buy” recommendations on COP, while the remaining 26.1% had “hold” recommendations on COP. There were no “sell” or “strong sell” recommendations on the stock.

Article continues below advertisement

COP’s median target price

The median target price for ConocoPhillips stock is $65.00, which is ~7% higher than its January 24, 2018, closing price of $60.49.

Analysts’ target price changes for COP

In the last three months, ConocoPhillips stock’s median target price has risen from $53.00 to $65.00. On January 24, Morgan Stanley increased its target price on COP to $65.00 from $48.00

Other oil and gas producers

Based on the median price targets of Wall Street analysts, other oil and gas companies RSP Permian (RSPP) and Southwestern Energy (SWN) have potential upsides of ~18% and ~40%, respectively, compared to their January 24 closing prices. Range Resources (RRC) has a potential upside of ~54%. SWN and RRC are primarily natural gas (UGAZ) producers.

To know more about ConocoPhillips’s strategies for the next three years, read Market Realist’s series ConocoPhillips’s 2017 Analyst and Investor Meeting: Key Takeaways.


More From Market Realist

    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.