ConocoPhillips (NYSE:COP) has been upgraded from Neutral to Buy in a statement by Goldman Sachs earlier today.
- Updated: November 28, 2016
Having a price of $45.75, ConocoPhillips (NYSE:COP) traded 1.36% higher on the day. With the last close up 8.33% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. COP has recorded a 50-day average of $43.61 and a two hundred day average of $42.80. Trade Volume was down over the average, with 499,160 shares of COP changing hands under the typical 8,206,950
Goldman Sachs has upgraded ConocoPhillips (NYSE:COP) from Neutral to Buy in a statement released on 11/28/2016.
On 11/21/2016, Vetr Inc. released a statement on ConocoPhillips (NYSE:COP) upped the target price from $0.00 to $50.41 that suggested an upside of 0.09%.
Recent Performance Chart
ConocoPhillips has with a one year low of $31.05 and a one year high of $54.75 and has a market capitalization of $0.
A total of 21 analysts have released a report on ConocoPhillips. Five analysts rating the company a strong buy, seven analysts rating the company a buy, eleven analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $48.43.
General Company Details For 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.
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