Mizuho Securities analyst Vincent Lovaglio maintained a Buy rating on Conocophillips (NYSE:COP) on Tuesday, setting a price target of $86, which is approximately 56.56% above the present share price of $54.93.
Lovaglio expects Conocophillips to post earnings per share (EPS) of $0.75 for the third quarter of 2021.
The current consensus among 21 TipRanks analysts is for a Strong Buy rating of shares in Conocophillips, with an average price target of $75.3.
The analysts price targets range from a high of $88 to a low of $63.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $9.83 billion and a net profit of $1.31 billion. The company's market cap is $74.12 billion.
According to TipRanks.com, Mizuho Securities analyst Vincent Lovaglio is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 15.9% and a 46.34% success rate.
ConocoPhillips is a global oil and gas company. It engages in exploration, production, transportation and marketing of crude oil and natural gas. Its portfolio includes conventional assets in North America, Australia, Europe and Asia, as well as oil sand assets in Canada.