Latest news with #Conocophillips
Business Insider
5 days ago
- Business
- Business Insider
Analysts Conflicted on These Energy Names: Conocophillips (COP) and Innovex International (INVX)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Conocophillips (COP – Research Report) and Innovex International (INVX – Research Report). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Conocophillips (COP) Barclays analyst Betty Jiang maintained a Buy rating on Conocophillips on August 8 and set a price target of $122.00. The company's shares closed last Friday at $93.91, close to its 52-week low of $86.81. According to Jiang 's ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -3.4% and a 32.7% success rate. Jiang covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Antero Resources. Currently, the analyst consensus on Conocophillips is a Strong Buy with an average price target of $115.59, representing a 23.5% upside. In a report issued on August 8, Mizuho Securities also maintained a Buy rating on the stock with a $125.00 price target. Innovex International (INVX) In a report issued on August 8, Eddie Kim from Barclays maintained a Sell rating on Innovex International, with a price target of $14.00. The company's shares closed last Friday at $16.20. According to Kim is a 1-star analyst with an average return of -4.9% and a 36.5% success rate. Kim covers the NA sector, focusing on stocks such as Oceaneering International, Liberty Oilfield Services, and Atlas Energy Solutions. Innovex International has an analyst consensus of Strong Buy, with a price target consensus of $19.17.
Business Insider
14-05-2025
- Business
- Business Insider
Wells Fargo Keeps Their Buy Rating on Conocophillips (COP)
Wells Fargo analyst Roger Read maintained a Buy rating on Conocophillips (COP – Research Report) yesterday and set a price target of $113.00. The company's shares closed yesterday at $94.17. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Read covers the Energy sector, focusing on stocks such as HF Sinclair Corporation, Valero Energy, and Devon Energy. According to TipRanks, Read has an average return of 0.9% and a 47.89% success rate on recommended stocks. Conocophillips has an analyst consensus of Strong Buy, with a price target consensus of $113.59, a 20.62% upside from current levels. In a report released yesterday, Mizuho Securities also maintained a Buy rating on the stock with a $125.00 price target. Based on Conocophillips' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $17.1 billion and a net profit of $2.85 billion. In comparison, last year the company earned a revenue of $13.85 billion and had a net profit of $2.55 billion
