Analysts’ Opinions Are Mixed on These Energy Stocks: Conocophillips (COP) and SM Energy (SM)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Conocophillips (COP) and SM Energy (SM).
Memorial Day Sale – Claim 70% Off TipRanks
- Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis.
- Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter
Conocophillips (COP)
In a report released today, Lloyd Byrne from Jefferies reiterated a Buy rating on Conocophillips, with a price target of $161.00. The company’s shares closed last Friday at $120.46.
According to TipRanks.com, Byrne is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Conocophillips with a $142.33 average price target, implying a 18.6% upside from current levels. In a report issued on May 11, Bernstein also maintained a Buy rating on the stock with a $121.00 price target.
See the top stocks recommended by analysts >>
SM Energy (SM)
In a report issued on May 21, Hanwen Chang from Wells Fargo maintained a Hold rating on SM Energy, with a price target of $32.00. The company’s shares closed last Friday at $33.77.
According to TipRanks.com, Chang is a 4-star analyst with an average return of
SM Energy has an analyst consensus of Moderate Buy, with a price target consensus of $37.64, which is an 11.9% upside from current levels. In a report issued on May 7, TipRanks – Anthropic also downgraded the stock to Hold with a $31.00 price target.
Read More on COP:
Disclaimer & DisclosureReport an Issue
- ConocoPhillips price target raised to $153 from $149 at Morgan Stanley
- ConocoPhillips, Glenfarne signs North Slope gas sales precedent agreement
- Gas Prices Remain High as Oil Stocks Rise Today
- ConocoPhillips Stockholders Back Board, Governance and Auditors
- TotalEnergies signs cooperation agreement with Syrian Petroleum Company
