Concho Resources Inc (NYSE:CXO) had its Buy rating reiterated by Williams Capital with a $189.00 price target

ME Staff
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Analyst Ratings For Concho Resources Inc (NYSE:CXO)

Today, Williams Capital reiterated its Buy rating on Concho Resources Inc (NYSE:CXO) with a price target of $189.00.

There are 0 sell ratings, 7 hold ratings, 18 buy ratings, 0 strong buy ratings on the stock.

The current consensus rating on Concho Resources Inc (NYSE:CXO) is Buy with a consensus target price of $174.9565 per share, a potential 21.25% upside.

Some recent analyst ratings include

  • 7/23/2018-Williams Capital Reiterated Rating of Buy.
  • 7/20/2018-Piper Jaffray Companies Reiterated Rating of Buy.
  • 7/18/2018-Goldman Sachs Group Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 7/13/2018-Royal Bank of Canada Reiterated Rating of Buy.
  • 7/11/2018-Susquehanna Bancshares initiated coverage with a Positive rating.
  • 7/5/2018-TD Securities initiated coverage with a Hold rating.

Recent Insider Trading Activity For Concho Resources Inc (NYSE:CXO)
Concho Resources Inc (NYSE:CXO) has insider ownership of 1.10% and institutional ownership of 97.19%.

  • On 2/6/2018 E Joseph Wright, VP, sold 83,759 with an average share price of $148.27 per share and the total transaction amounting to $12,418,946.93.
  • On 2/6/2018 Timothy A Leach, Chairman, sold 40,000 with an average share price of $148.14 per share and the total transaction amounting to $5,925,600.00.
  • On 1/2/2018 Ray M Poage, Director, sold 4,000 with an average share price of $150.87 per share and the total transaction amounting to $603,480.00.
  • On 8/11/2017 E Joseph Wright, VP, sold 16,696 with an average share price of $114.84 per share and the total transaction amounting to $1,917,368.64.
  • 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.
  • 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.

About Concho Resources Inc (NYSE:CXO)
Concho Resources Inc., an independent oil and natural gas company, engages in the acquisition, development, and exploration of oil and natural gas properties in the United States. The company's principal operating areas are located in the Permian Basin of southeast New Mexico and west Texas. As of December 31, 2017, its total estimated proved reserves were 840 million barrels of oil equivalent. Concho Resources Inc. was founded in 2006 and is headquartered in Midland, Texas.

Recent Trading Activity for Concho Resources Inc (NYSE:CXO)
Shares of Concho Resources Inc closed the previous trading session at 144,29 −3,90 2,63 % with shares trading hands.