Zacks Rating on ConocoPhillips (COP)

ConocoPhillips (COP) : 15 analysts are covering ConocoPhillips (COP) and their average rating on the stock is 2.27, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. ConocoPhillips (COP) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

ConocoPhillips (COP) : 11 investment research analysts covering ConocoPhillips (COP) have an average price target of $52.18 for the near short term. The highest target price given by the Brokerage Firm to the stock is $72 and the lowest target is $37 for the short term. Analysts expect the variance to be within $9.42 of the average price.


Shares of ConocoPhillips rose by 0.84% in the last five trading days and 7.41% for the last 4 weeks. ConocoPhillips is up 0.04% in the last 3-month period. Year-to-Date the stock performance stands at -5.61%. ConocoPhillips (NYSE:COP): stock turned positive on Tuesday. Though the stock opened at $42.6, the bulls momentum made the stock top out at $43.33 level for the day. The stock recorded a low of $42.459 and closed the trading day at $43.22, in the green by 1.38%. The total traded volume for the day was 6,179,717. The stock had closed at $42.63 in the previous days trading.

ConocoPhillips (ConocoPhillips) is an independent exploration and production company. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids. The Company operates through six operating segments, which are primarily defined by geographic region: Alaska, Lower 48, Canada, Europe, Asia Pacific and Middle East, and Other International. The Companys continuing operations are producing in the United States, Norway, the United Kingdom, Canada, Australia, Timor-Leste, Indonesia, China, Malaysia, Qatar, Libya and Russia. The Company has major ownership interests in two of North Americas oil fields located on Alaskas North Slope: Prudhoe Bay and Kuparuk.

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