Simmons disclosed Chevron Corporation (NYSE:CVX), bumping down its price target to $124.00 earlier today
- Updated: April 20, 2017
Reporting a potential upside of 0.18%, Simmons dropped the price target of Chevron Corporation (NYSE:CVX) to $124.00
On 4/14/2017, Vetr Inc. released a statement on Chevron Corporation (NYSE:CVX) upped the target price from $0.00 to $120.46 that suggested an upside of 0.14%.
Having a price of $105.13, Chevron Corporation (NYSE:CVX) traded 0.62% higher on the day. With the last close down -4.89% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. CVX has recorded a 50-day average of $108.76 and a two hundred day average of $110.28. Trade Volume was down over the average, with 4,973,073 shares of CVX changing hands under the typical 6,573,670
Recent Performance Chart
Chevron Corporation has with a one year low of $97.53 and a one year high of $119.00 and has a market capitalization of $0.
In addition to Simmons reporting its stock price target, a total of 22 brokerages have issued a ratings update on the company. The average stock price target is $103.07 with 5 brokerages rating the stock a strong buy, 8 brokerages rating the stock a buy, 12 brokerages rating the stock a hold, 0 brokerages 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. Upstream operations consist primarily of exploring for, developing and producing crude oil and natural gas; liquefaction, transportation and regasification associated with liquefied natural gas; transporting crude oil by international oil export pipelines; processing, transporting, storage and marketing of natural gas, and a gas-to-liquids plant. Downstream operations consist primarily of refining of crude oil into petroleum products; marketing of crude oil and refined products; transporting of crude oil and refined products, and manufacturing and marketing of commodity petrochemicals.
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