ConocoPhillips Stock (NYSE:COP), Analyst Ratings, Price Targets, Predictions

The latest price target for ConocoPhillips (NYSE: COP) was reported by Wells Fargo on May 3, 2024. The analyst firm set a price target for $151.00 expecting COP to rise to within 12 months (a possible 21.77% upside). 45 analyst firms have reported ratings in the last year.

The latest analyst rating for ConocoPhillips (NYSE: COP) was provided by Wells Fargo, and ConocoPhillips maintained their overweight rating.

The last upgrade for ConocoPhillips happened on September 8, 2023 when Erste Group raised their price target to N/A. Erste Group previously had a hold for ConocoPhillips.

The last downgrade for ConocoPhillips happened on April 17, 2023 when Mizuho changed their price target from $143 to $128 for ConocoPhillips.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ConocoPhillips, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for ConocoPhillips was filed on May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.

While ratings are subjective and will change, the latest ConocoPhillips (COP) rating was a maintained with a price target of $149.00 to $151.00. The current price ConocoPhillips (COP) is trading at is $124.00, which is out of the analyst’s predicted range.