Analyst Expectations for ConocoPhillips's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 9 analysts have provided their ratings on ConocoPhillips (NYSE:COP), with 5 being bullish, 3 somewhat bullish, and 1 indifferent. The average 12-month price target for COP is $143.44, with a high of $160.00 and a low of $125.00. This target has increased by 3.19% over the past month. Analyst ratings are important as they provide investors with insights into stock performance based on financial analysis and industry trends.

November 14, 2023 | 5:00 pm
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POSITIVE IMPACT
Analysts show a positive outlook on ConocoPhillips with most ratings being bullish or somewhat bullish. The average price target suggests a potential upside from the current price level.
The predominance of bullish and somewhat bullish ratings indicates a positive sentiment among analysts, which can influence investor perception and potentially drive the stock price up in the short term. The increase in the average price target over the past month further supports this potential upward movement.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100