Analysts Are Neutral on Top Energy Stocks: Conocophillips (COP), TC Energy (TRP)
Analysts fell to the sidelines weighing in on Conocophillips (COP – Research Report) and TC Energy (TRP – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Conocophillips (COP)
In a report released today, Leo Mariani from Roth MKM downgraded Conocophillips to Hold, with a price target of $112.00. The company’s shares closed last Friday at $111.43.
According to TipRanks.com, Mariani is a top 100 analyst with an average return of
Currently, the analyst consensus on Conocophillips is a Moderate Buy with an average price target of $115.67, a 4.8% upside from current levels. In a report issued on February 3, TipRanks – xAI also downgraded the stock to Hold with a $113.00 price target.
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TC Energy (TRP)
Jefferies analyst Lloyd Byrne maintained a Hold rating on TC Energy today and set a price target of C$88.00. The company’s shares closed last Friday at $63.54.
According to TipRanks.com, Byrne is a 5-star analyst with an average return of
TC Energy has an analyst consensus of Moderate Buy, with a price target consensus of $62.51, which is a 1.1% upside from current levels. In a report released yesterday, CIBC also downgraded the stock to Hold with a C$85.00 price target.
