Analysts take a look at ConocoPhillips (NYSE:COP) having this to say.

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Investors sentiment decreased to 0.88 in 2019 Q2. Its down 0.05, from 0.93 in 2019Q1. It turned negative, 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.
Trillium Asset Ltd Liability Corp has invested 0.01% in ConocoPhillips (NYSE:COP). Boston Family Office Limited Liability Co holds 0.07% or 10,380 shares in its portfolio. Hite Hedge Asset Management Ltd Company holds 0.09% in ConocoPhillips (NYSE:COP) or 9,715 shares. 3,604 are held by Check Ca. Connecticut-based Ellington Mgmt Grp Ltd Liability has invested 0.43% in ConocoPhillips (NYSE:COP). Moreover, British Columbia Inv Corp has 0.22% invested in ConocoPhillips (NYSE:COP) for 430,638 shares. Moreover, Allen Invest Mngmt Ltd Liability has 0.01% invested in ConocoPhillips (NYSE:COP). Moreover, Burney Comm has 0.04% invested in ConocoPhillips (NYSE:COP). Citigroup reported 1.49 million shares. Principal Group stated it has 0.12% of its portfolio in ConocoPhillips (NYSE:COP). California Pub Employees Retirement invested in 2.30 million shares. Boston Llc has 263,671 shares for 0.86% of their portfolio. Essex Fin Ser Incorporated holds 0.62% of its portfolio in ConocoPhillips (NYSE:COP) for 34,362 shares. Highstreet Asset Mngmt invested in 16,153 shares or 0.05% of the stock. Saturna Cap accumulated 0.01% or 6,208 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 firm has “Buy” rating by Societe Generale given on Wednesday, March 20. The company was upgraded on Wednesday, June 26 by Mizuho. On Thursday, May 16 the stock rating was maintained by Morgan Stanley with “Overweight”. As per Tuesday, July 9, the company rating was maintained by JP Morgan. The stock has “Overweight” rating by Morgan Stanley on Friday, July 12. 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 7.21 million 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: “Is ConocoPhillips’s (NYSE:COP) 2.2% Dividend Worth Your Time? – Yahoo Finance” on August 04, 2019. Also Finance.Yahoo.com published the news titled: “This Oil Stock Continues to Prove It’s a Cash Flow-Gushing Machine – Yahoo Finance” on August 17, 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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