Vincent Lovaglio, analyst at Mizuho Securities, reiterates coverage on Conocophillips (COP) in the Utilities sector with a Buy rating. TipRanks.com has Lovaglio rated as a 4 star analyst with a 30.00% return on investment and a 76.00% success rate. Lovaglio has set a price target of $82.00 .
TipRanks.com reports that COP currently has 14 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $71.64 . The target pricing ranges from a high forecast of $85.00 down to a low forecast of $60.00 .
COP’s last closing price was $60.45 which would put the average price target at 18.51% upside.
In addition, TradingView issued a Strong Buy rating for COP over the next month.
Remember, securities are volatile, so please do your own research on COP.
Other analysts covering COP include:
- Bob Brackett of Bernstein issued a buy rate with the price target of $80 on June 21st
- Devin McDermott of Morgan Stanley issued a buy rate with the price target of $85 on June 17th
- Leo Mariani of KeyBanc issued a buy rate with the price target of $68 on June 16th
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