Analyst Activity – Citigroup Inc. Lowers Its Price Target On Concho Resources (NYSE:CXO) to $151.00

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Analyst Ratings For Concho Resources (NYSE:CXO)

Today, Citigroup Inc. lowered its price target on Concho Resources (NYSE:CXO) to $151.00 per share.

There are 8 hold ratings, 15 buy ratings on the stock.

The current consensus rating on Concho Resources (NYSE:CXO) is Buy (Score: 2.65) with a consensus target price of $155.26 per share, a potential 22.06% upside.

Some recent analyst ratings include

  • 7/14/2017-Stifel Nicolaus Reiterated Rating of Buy.
  • 6/30/2017-Bank of America Corporation was Downgraded by analysts at Bank of America Corporation from a “Buy ” rating to a ” Neutral” rating. They now have a $128.00 price target on the stock, up previously from $155.00 .
  • 6/22/2017-BMO Capital Markets Reiterated Rating of Buy.

Recent Insider Trading Activity For Concho Resources (NYSE:CXO)
Concho Resources (NYSE:CXO) has insider ownership of 1.20% and institutional ownership of 93.05%.

  • On 5/17/2017 Lawrence J Nagy, Director, sold 120,000 with an average share price of $0.27 per share and the total transaction amounting to $32,400.00.
  • On 3/13/2017 J Steve Guthrie, SVP, sold 6,000 with an average share price of $128.00 per share and the total transaction amounting to $768,000.00. View SEC Filing
  • On 1/17/2017 E Joseph Wright, VP, sold 28,000 with an average share price of $135.15 per share and the total transaction amounting to $3,784,200.00. View SEC Filing
  • On 1/13/2017 Adam Robert Travis, Director, bought 8,000 with an average share price of $0.26 per share and the total transaction amounting to $2,080.00.
  • On 1/3/2017 Timothy A Leach, CEO, sold 46,150 with an average share price of $135.28 per share and the total transaction amounting to $6,243,172.00. View SEC Filing
  • On 11/23/2016 Brenda R Schroer, CAO, sold 1,800 with an average share price of $138.04 per share and the total transaction amounting to $248,472.00. View SEC Filing
  • On 6/6/2016 Steven L Beal, Director, sold 16,250 with an average share price of $119.75 per share and the total transaction amounting to $1,945,937.50. View SEC Filing

Recent Trading Activity for Concho Resources (NYSE:CXO)
Shares of Concho Resources closed the previous trading session at 127.20 up +0.76 0.60% with 1,128,900 shares trading hands.