A statement released earlier today by Exane BNP Paribas about Chevron Corporation (NYSE:CVX) ups the target price to $102.00
- Updated: October 10, 2016
Having a price of $102.27, Chevron Corporation (NYSE:CVX) traded 1.67% higher on the day. With the last close up 2.74% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Chevron Corporation has recorded a 50-day average of $101.02 and a 200-day moving average of $101.21. 5,982,741 shares of CVX traded, down from an average trading volume of 6,373,730
Indicating a possible downside of 0.00%, Exane BNP Paribas increased the target of Chevron Corporation (NYSE:CVX) to $102.00
With a total market value of $0, Chevron Corporation has 52 week low of $75.33 and a 52 week high of $107.58 .
In addition to Exane BNP Paribas reporting its target price, a total of 22 analysts have released a report on Chevron Corporation. The 12-month price target is $103.07 with five analysts rating the company a strong buy, 8 brokers rating the stock a buy, 12 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Chevron Corporation (NYSE:CVX)
Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to the United States and international subsidiaries that engage in integrated energy and chemicals operations. The Company operates through two business segments: Upstream and Downstream. The Upstream segment consists primarily of exploring for, developing and producing crude oil and natural gas; transporting crude oil by international oil export pipelines; transporting, storage and marketing of natural gas, and a gas-to-liquids plant. Downstream operations consist primarily of refining crude oil into petroleum products; marketing of crude oil and refined products; transporting crude oil and refined products by pipeline, marine vessel, motor equipment and rail car, and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses and fuel and lubricant additives.
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