A statement released earlier today by Goldman Sachs Group Inc. about ConocoPhillips (NYSE:COP) raises the target price to $54.00
- Updated: November 28, 2016
In a report released on 11/28/2016 Goldman Sachs Group Inc. raised the target price of ConocoPhillips (NYSE:COP) from $47.00 to $54.00 reporting a potential upside of 0.18%.
On 11/21/2016, Vetr Inc. released a statement for ConocoPhillips (NYSE:COP) bumped up the target price from $0.00 to $50.41 that suggested an upside of 0.09%.
Only yesterday ConocoPhillips (NYSE:COP) traded 1.36% higher at $45.75. The company’s 50-day moving average is $43.61 and its 200-day moving average is $42.80. The last closing price is up 8.33% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 499,160 shares of COP traded hands, down from an average trading volume of 8,206,950
Recent Performance Chart
ConocoPhillips has with a one year low of $31.05 and a one year high of $54.75 and has a total market value of $0.
A total of 21 firms have reported on the stock. 5 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 11 firms rating the stock a hold, 1 firm rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month target of $48.43.
Brief Synopsis About ConocoPhillips (NYSE:COP)
ConocoPhillips (ConocoPhillips) is an independent exploration and production company. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas and liquefied natural gas (LNG). The Company operates through six operating segments, which are primarily defined by geographic region: Alaska; Lower 48; Canada; Europe and North Africa; Asia Pacific and Middle East, and Other International. The Company's continuing operations are producing in the United States, Norway, the United Kingdom, Canada, Australia, Timor-Leste, Indonesia, China, Malaysia and Qatar. The Company's portfolio includes North American unconventional assets and oil sands assets in Canada; assets in North America, Europe, Asia and Australia; several international developments, and an inventory of global conventional and unconventional exploration prospects.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.