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Chevron Corporation (NYSE:CVX) stock price target increased to $119.79, issued a report today by Vetr Inc.

Yesterday Chevron Corporation (NYSE:CVX) traded 1.63% higher at $102.28. The company’s 50-day moving average is $101.06 and its 200-day moving average is $100.84. The last closing price is up 2.06% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 9,431,524 shares of the stock traded hands, up from an average trading volume of 6,530,720

In a report released on Wednesday September 28, 2016 Vetr Inc. increased the stock price target of Chevron Corporation (NYSE:CVX) to $119.79 indicating a possible upside of 0.17%.

Previously on 09/13/2016, BMO Capital Markets reported on Chevron Corporation (NYSE:CVX) increased the target price from $0.00 to $120.00. At the time, this indicated a possible upside of 0.19%.

See Chart Below

Chevron Corporation (NYSE:CVX)

Chevron Corporation has a 52 week low of $75.33 and a 52 week high of $107.58 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its stock price target, a total of 22 brokers have issued a report on the company. The average stock price target is $103.07 with 5 brokers rating the stock 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 brokers rating the stock a 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, plastics for industrial uses and fuel and lubricant additives.

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