Expert Outlook: ConocoPhillips Through The Eyes Of 13 Analysts
Portfolio Pulse from Benzinga Insights
In the past three months, 13 analysts have provided ratings for ConocoPhillips (NYSE:COP), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has decreased by 5.44% to $140.31. Analysts have adjusted their ratings and price targets in response to market conditions, with several lowering their targets. ConocoPhillips shows strong financial performance with impressive revenue growth, net margin, ROE, and ROA, despite facing challenges compared to peers.
September 30, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
ConocoPhillips has received mixed analyst ratings over the past three months, with a decrease in the average 12-month price target by 5.44% to $140.31. Analysts have adjusted their ratings and price targets, mostly lowering them, reflecting cautious sentiment. Despite this, ConocoPhillips demonstrates strong financial metrics, including revenue growth, net margin, ROE, and ROA.
The mixed analyst ratings and the decrease in the average price target suggest a cautious outlook for ConocoPhillips. However, the company's strong financial performance, including high revenue growth and profitability metrics, provides a counterbalance. This results in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100