A statement released earlier today by Vetr Inc. about Chevron Corporation (NYSE:CVX) bumps the target price to $107.24
- Updated: September 17, 2016
Vetr Inc. raised the estimated target of Chevron Corporation (NYSE:CVX) to $107, reporting a possible upside of 0.05%.
Previously on Tuesday August 9 2016, Piper Jaffray reported about Chevron Corporation(NYSE:CVX) upped the target price from $110.00 to $117.00 that indicated a possible upside of 0.16%.
Just yesterday Chevron Corporation (NYSE:CVX) traded 1.67% lower at $101.97. Chevron Corporation’s 50-day moving average is $101.60 and its two hundred day moving average is $100.07. The last stock price close is up 2.23% from the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same time. 12,725,620 shares of CVX traded hands, up from ann avg. volume of 6,472,530.
Chevron Corporation has a one-year low of $75.10 and a one-year high of $107.58. Chevron Corporation’s market cap is presently $0.0.
In addition to Vetr Inc. reporting it’s price target, a total of 22 analysts have released a ratings update on the stock. The consensus target price is $103.07 with five firms rating the company a strong buy, eight analysts rating the stock a buy, 12 analyts rating the stock a hold, 0 rating the stock to underperform, and lastly 0 firmsrating the stock as sell.
General Information About 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, and plastics for industrial uses and fuel and lubricant additives.
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