ConocoPhillips (NYSE:COP) Given Average Rating of “Moderate Buy” by Brokerages

From MarketBeat:

1. ConocoPhillips has been rated “Moderate Buy” by twenty-two firms, with an average 1-year price objective of $135.10. Six analysts rated the stock as hold, while fifteen issued a buy rating and one assigned a strong buy rating to the company.

2. Director Timothy A. Leach sold 44,000 shares of ConocoPhillips stocks at an average price of $114.64, for a total transaction of $5,044,160.00. Insiders own 0.37% of the company’s stock.

3. 80.36% of COP stock is owned by institutional investors and hedge funds, with shares trading up 0.0% and a current price of $116.53.

4. ConocoPhillips last reported earning $2.16 EPS for the previous quarter, beating the consensus estimate of $2.04 by $0.12. Revenue for the quarter was $14.87 billion, with a net margin of 17.91%.

5. The company announced a quarterly dividend increase to $0.58 per share, with the ex-dividend date on Monday, November 13th.

6. ConocoPhillips is an international energy company, exploring, producing, and transporting oil and gas globally. Its portfolio includes unconventional plays in North America and various LNG developments.

7. Before considering investment in ConocoPhillips, read the latest analysis from top-rated analysts for better investment options.



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