ConocoPhillips: Wall Street Analysts’ Recommendations

Analysts’ recommendations

As of July 27, Reuters reported that 24 analysts gave recommendations on ConocoPhillips. Of the analysts, ~21% have a “strong buy,” ~46% have a “buy,” ~29% have a “hold,” and ~4% have a “sell” recommendation on the stock. None of the analysts had a “strong sell” recommendation on the stock.

ConocoPhillips: Wall Street Analysts’ Recommendations

Median target price

The median target price on ConocoPhillips stock is $80.00, which is ~12% higher than its closing price of $71.45 on July 27. The highest target price for ConocoPhillips is $85.00, while the lowest target price on the stock is $72.00.

In the last three months, ConocoPhillips stock’s median target price has increased from $71.00 to $80.00.

Other oil and gas producers

Based on the median target prices from Wall Street analysts, Range Resources (RRC) and Marathon Oil (MRO) have potential upsides of ~48 and ~14%, respectively, from their closing prices on July 27. Encana (ECA) has a potential upside of ~32%.