Are Analysts Bullish ConocoPhillips (NYSE:COP) After Last Week?

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Investors sentiment decreased to 0.88 in Q2 2019. Its down 0.05, from 0.93 in 2019Q1. It fall, as 82 investors sold ConocoPhillips shares while 448 reduced holdings. 103 funds opened positions while 366 raised stakes. 756.10 million shares or 3.16% less from 780.75 million shares in 2019Q1 were reported.
Smith Moore And stated it has 10,706 shares or 0.15% of all its holdings. Utd Fire Gp invested in 0.22% or 10,059 shares. Us Comml Bank De reported 1.03M shares. Voloridge Investment Management Llc has invested 0.15% of its portfolio in ConocoPhillips (NYSE:COP). Rocky Mountain Advisers Lc holds 0.46% of its portfolio in ConocoPhillips (NYSE:COP) for 2,194 shares. Koshinski Asset Mgmt holds 0.09% or 3,462 shares in its portfolio. Court Place Advsrs Limited Liability Company invested 0.08% in ConocoPhillips (NYSE:COP). The Ohio-based Macnealy Hoover Invest Mgmt has invested 0.7% in ConocoPhillips (NYSE:COP). Ellington Mgmt Group Inc Ltd Llc has 0.43% invested in ConocoPhillips (NYSE:COP). California-based Checchi Cap Advisers Ltd Company has invested 0.06% in ConocoPhillips (NYSE:COP). California-based Granite Inv Prtnrs Lc has invested 0.03% in ConocoPhillips (NYSE:COP). Allen Inv Management has invested 0.01% in ConocoPhillips (NYSE:COP). Aull Monroe Investment Mngmt holds 0.91% or 28,091 shares in its portfolio. Gemmer Asset Management Ltd Com accumulated 0.04% or 2,439 shares. Co Of Virginia Va invested in 0.03% or 4,228 shares.

ConocoPhillips (NYSE:COP) Ratings Coverage

Among 5 analysts covering Conocophillips (NYSE:COP), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Conocophillips has $8400 highest and $77 lowest target. $79.40’s average target is 38.47% above currents $57.34 stock price. Conocophillips had 12 analyst reports since March 20, 2019 according to SRatingsIntel. The stock of ConocoPhillips (NYSE:COP) has “Buy” rating given on Wednesday, March 20 by Societe Generale. Morgan Stanley maintained the stock with “Overweight” rating in Friday, July 12 report. Mizuho upgraded ConocoPhillips (NYSE:COP) rating on Wednesday, June 26. Mizuho has “Buy” rating and $8000 target. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, May 16. JP Morgan maintained it with “Overweight” rating and $8000 target in Tuesday, July 9 report. Below is a list of ConocoPhillips (NYSE:COP) latest ratings and price target changes.

19/08/2019 Broker: Barclays Capital Rating: Overweight New Target: $79.0000 Initiates Coverage On
17/07/2019 Broker: Bank of America Old Rating: Neutral New Rating: Buy Upgrade
12/07/2019 Broker: Morgan Stanley Rating: Overweight Old Target: $84.0000 New Target: $81.0000 Maintain
09/07/2019 Broker: JP Morgan Rating: Overweight Old Target: $83.0000 New Target: $80.0000 Maintain
26/06/2019 Broker: Mizuho Old Rating: Neutral New Rating: Buy Old Target: $74.0000 New Target: $80.0000 Upgrade
16/05/2019 Broker: Morgan Stanley Rating: Overweight Old Target: $83.0000 New Target: $84.0000 Maintain
14/05/2019 Broker: BidaskScore Rating: Hold Upgrade
01/05/2019 Broker: Credit Suisse Old Rating: Neutral New Rating: Outperform Upgrade
03/04/2019 Broker: BidaskScore Rating: Hold Downgrade
28/03/2019 Broker: BidaskScore Rating: Buy Upgrade

The stock increased 1.76% or $0.99 during the last trading session, reaching $57.34. About 7.21M shares traded or 19.11% up from the average. ConocoPhillips (NYSE:COP) has declined 18.25% since September 13, 2018 and is downtrending. It has underperformed by 18.25% the S&P500.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas , and natural gas liquids worldwide. The company has market cap of $63.66 billion. The Company’s portfolio includes North American tight oil and oil sands assets; lower-risk conventional assets in North America, Europe, Asia, and Australia; various LNG developments; and an inventory of conventional and unconventional exploration prospects. It has a 9.25 P/E ratio.

More recent ConocoPhillips (NYSE:COP) news were published by: Finance.Yahoo.com which released: “This Oil Stock Continues to Prove It’s a Cash Flow-Gushing Machine – Yahoo Finance” on August 17, 2019. Also Finance.Yahoo.com published the news titled: “Is ConocoPhillips’s (NYSE:COP) 2.2% Dividend Worth Your Time? – Yahoo Finance” on August 04, 2019. Seekingalpha.com‘s news article titled: “World Bank tribunal lowers ConocoPhillips award – Seeking Alpha” with publication date: September 03, 2019 was also an interesting one.

ConocoPhillips (NYSE:COP) Institutional Positions Chart

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