ConocoPhillips (NYSE:COP) registered a -2.37% decrease, still its new closing price is 62.00% up from the company’s 1 year high of 53.17.It posted -2.56% losses in previous 5 sessions and is now the subject of 7 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 8 buy or better ratings. The 26 stock analysts following this company have an average price target at $57.73, with individual PT in the $43.00-$70.00 range. The shares moved at $49.43, implying that brokerage firms see shares gaining about 33.33% in twelve months time.
ConocoPhillips (COP) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -1.42% fall year to date. A Vice President at ConocoPhillips (COP) acquired shares in a transaction closed on Thursday August 11, 2016. DeSanctis Ellen bought 5,000 shares in the company at $40.5 each and collected $202,001 in proceeds. DeSanctis Ellen now owns 22,528 shares in the company after this transaction. A Director in the company, COPELAND JAMES E JR, disclosed a transaction on Monday August 01, 2016 that ended up paying $496,001 from the purchase of 12,500 shares at $39.74 per share.
ConocoPhillips (NYSE:COP) Upcoming Results on Tap
ConocoPhillips will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.02 in that period. Sales during the quarter are predicted to arrive at $8.54 billion.
Earnings surprise history: Last quarter, the company posted approximately $6.52 billion in revenue and EPS of $-0.66. The mean forecast was for $6.96 billion and $-0.70 a share, respectively. One quarter earlier, revenue for the stock was at $5.58 billion, with earnings at $-0.79/share.
ConocoPhillips (COP) Brokerage Update
ConocoPhillips (COP) is in Societe Generale’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by Societe Generale, according to news reported on Wednesday January 11, 2017.Another important research note was issued by Goldman on Monday November 28, 2016.The firm upgraded COP to Buy from Neutral. Over the last six months and over the last three months, the shares of ConocoPhillips (COP), have changed 23.49% and 18.25%, respectively.