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Conocophillips (COP)
NYSE:COP
Conocophillips (COP) Stock Forecast & Price Target
5,959 Followers
See the Price Targets and Ratings of:
COP Analyst Ratings
Strong Buy
14 Buy
2 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
COP Stock 12 Month Forecast
Average Price Target
$145.08
▲(26.87% Upside)
| Highest Price Target$165.00 | Average Price Target$145.08 | Lowest Price Target$120.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Barclays
Reiterated
07/18/24
Wolfe Research
Initiated
07/17/24
Piper Sandler
Assigned
07/17/24
Bernstein
Reiterated
07/16/24
Mizuho Securities
Reiterated
07/15/24
Scotiabank
Reiterated
07/12/24
RBC Capital
Reiterated
07/11/24
Bank of America Securities
Assigned
06/25/24
Goldman Sachs
Reiterated
06/24/24
Argus Research
―
Buy
―
Reiterated
06/06/24
Argus Research Reaffirms Their Buy Rating on Conocophillips (COP)
Truist Financial
$160→$165
Buy
$165.00
(44.29% Upside)
Reiterated
06/04/24
Truist Financial Remains a Buy on Conocophillips (COP)
Jefferies
$154→$155
Buy
$155.00
(35.55% Upside)
Assigned
05/30/24
We view the deal positively, and would use the share price weakness to add to positions. We estimate ~10-12% per share accretion in '25 including ~$500mm of synergies which looks conservative. Buy, PT $155. CHANGE TO JEFe JEF vs CONS 2024 2025 2024 2025 REV NA NA NA NA EPS NM +12% -9% +14%2024 ($) Q4 FY EPS 2.04 2.30 2.33 2.47 9.14 PREV 2.31 2.35 2.49 9.18 Takeaways: Initial investor reaction to the announcment was modest surprise tied to (1) timing and (2) MRO's perceived inventory depth (not quality). The stock underperforrmed on the day. With that said, (1) acquirers' don't often control timing, (2) the deal is accretive by ~10-12%, and (3) its makes industrial logic, likely leading to far greater synergies. Finally, (4) the transaction was not about inventory depth, where COP has plenty, but value.
Roth MKM
$144
Buy
$144.00
(25.93% Upside)
Reiterated
05/29/24
Roth/MKM reiterates Buy Rating on ConocoPhillips (COP)Roth/MKM analyst Leo Mariani reiterated a Buy rating and $144.00 price target on ConocoPhillips (NYSE: COP).
Wells Fargo
$151
Buy
$151.00
(32.05% Upside)
Reiterated
05/29/24
Buy Rating Affirmed for Conocophillips Post-MRO Merger: Enhanced Capital Returns and Strong Fiscal Health
Best Analysts Covering Conocophillips
Which Analyst Should I Follow If I Want to Buy COP and Sell After:
1 Month
xxx
Success Rate
13/18 ratings generated profit
Average Return
+5.31%
reiterated a xxx
rating 6 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 72.22% of your transactions generating a profit, with an average return of +5.31% per trade.
3 Months
xxx
Success Rate
16/18 ratings generated profit
Average Return
+13.62%
reiterated a xxx
rating 6 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 88.89% of your transactions generating a profit, with an average return of +13.62% per trade.
1 Year
Success Rate
19/22 ratings generated profit
Average Return
+51.43%
reiterated a buy rating 2 months ago
Copying Leo Mariani's trades and holding each position for 1 Year would result in 86.36% of your transactions generating a profit, with an average return of +51.43% per trade.
2 Years
xxx
Success Rate
19/22 ratings generated profit
Average Return
+82.14%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 86.36% of your transactions generating a profit, with an average return of +82.14% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
COP Analyst Recommendation Trends
Rating
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
1
0
0
0
0
Buy
24
26
30
30
25
Hold
6
7
8
8
8
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
31
33
38
38
33
Each month's total comprises the sum of three months' worth of ratings.
COP Financial Forecast
COP Stock Forecast FAQ
What is COP’s average 12-month price target, according to analysts?
Based on analyst ratings, Conocophillips’s 12-month average price target is $145.08.
What is COP’s upside potential, based on the analysts’ average price target?
Conocophillips has 26.87% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is COP a Buy, Sell or Hold?
Conocophillips has a consensus rating of Strong Buy which is based on 14 buy ratings, 2 hold ratings and 0 sell ratings.
What is Conocophillips’s price target?
The average price target for Conocophillips is $145.08. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $165.00 ,the lowest forecast is $120.00. The average price target represents 26.87% Increase from the current price of $114.35.
The highest analyst price target is $165.00 ,the lowest forecast is $120.00. The average price target represents 26.87% Increase from the current price of $114.35.
What do analysts say about Conocophillips?
Conocophillips’s analyst rating consensus is a Strong Buy. This is based on the ratings of 16 Wall Streets Analysts.
How can I buy shares of COP?
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