As of May 25, Reuters reported that 22 analysts gave recommendations on ConocoPhillips. Of the analysts, ~18% recommended a “strong buy,” ~46% recommended a “buy,” and ~36% recommended a “hold.” There weren’t any “sell” or “strong sell” recommendations.
Median target price
The median target price on ConocoPhillips stock is $75.00, which is ~15% higher than its closing price of $65.47 on May 25.
In the last three months, the median target price on ConocoPhillips stock increased from $68.00 to $75.00.
Other oil and gas producers
Based on the median target prices from Wall Street analysts, Devon Energy (DVN), Diamondback Energy (FANG), and Southwestern Energy (SWN) have potential upsides of ~16%, ~33%, and ~29%, respectively, from their closing prices on May 25. CONSOL Resources (CNX) has a potential upside of ~28%. Southwestern Energy and CONSOL Resources are mainly natural gas producers.
To learn more about ConocoPhillips’s strategic plans for the next three years, read ConocoPhillips’s 2017 Analyst and Investor Meeting: Key Takeaways.