ConocoPhillips (NYSE:COP) gets downgraded to Neutral by Bank of America with a price target of $80.00

ME Staff
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Analyst Ratings For ConocoPhillips (NYSE:COP)

Today, ConocoPhillips (NYSE:COP) stock was downgraded by Bank of America from Buy to Neutral with a price target of $80.00.

There are 15 Buy Ratings, 6 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on ConocoPhillips (NYSE:COP) is Buy with a consensus target price of $71.4211 per share, a potential 2.16% downside.

Some recent analyst ratings include

  • 9/6/2018-ConocoPhillips (NYSE:COP) gets downgraded to Neutral by Bank of America with a price target of $80.00
  • 8/15/2018-ConocoPhillips (NYSE:COP) had its Hold rating reiterated by Jefferies Financial Group with a $80.00 price target
  • 7/24/2018-ConocoPhillips (NYSE:COP) had its Hold rating reiterated by Mizuho

Recent Insider Trading Activity For ConocoPhillips (NYSE:COP)
ConocoPhillips (NYSE:COP) has insider ownership of 0.88% and institutional ownership of 71.29%.

  • On 8/22/2018 Don E Jr. Wallette, Insider, sold 59,432 with an average share price of $71.87 per share and the total transaction amounting to $4,271,377.84.
  • On 8/22/2018 Janet Langford Kelly, SVP, sold 50,000 with an average share price of $72.37 per share and the total transaction amounting to $3,618,500.00.
  • On 8/22/2018 Ryan Michael Lance, Chairman, sold 160,064 with an average share price of $72.07 per share and the total transaction amounting to $11,535,812.48.
  • On 5/25/2018 Glenda Mae Schwarz, VP, sold 6,763 with an average share price of $65.04 per share and the total transaction amounting to $439,865.52.
  • On 5/22/2018 Janet Langford Kelly, SVP, sold 49,496 with an average share price of $71.00 per share and the total transaction amounting to $3,514,216.00.
  • On 5/17/2018 Janet Langford Kelly, SVP, sold 504 with an average share price of $71.00 per share and the total transaction amounting to $35,784.00.
  • On 5/14/2018 Janet Langford Kelly, SVP, sold 64,184 with an average share price of $70.00 per share and the total transaction amounting to $4,492,880.00.

About ConocoPhillips (NYSE:COP)
ConocoPhillips engages in the exploration, production, transportation and marketing of crude oil, bitumen, natural gas, natural gas liquids and liquefied natural gas on a worldwide basis. It operates through the following geographical segments: Alaska; Lower 48; Canada; Europe and North Africa; Asia Pacific and Middle East; Other International; and Corporate and Other. The Alaska segment primarily explores for, produces, transports and markets crude oil, natural gas and natural gas liquids. The Lower 48 segment is consist of operations in the U.S. Lower 48 states and the Gulf od Mexico. The Canada segment is comprised of oil sands development in the Athabasca Region of northeastern Alberta and a liquids-rich unconventional play in western Canada. The Europe and North Africa segment is consist of operations and exploration activities in Norway, the United Kingdom and Libya. The Asia Pacific and Middle East segment has explorations and product operations in China, Indonesia, Malaysia and Australia; production operations in Qatar and Timor-Leste; and exploration activities in Brunei. The Other International segment handles exploration activities in Columbia and Chile. The company was founded on August 30, 2002 and is headquartered in Houston, TX. The Corporate and Other segment is comprised of interest expense, premiums incurred on the early retirement of debt, corporate overhead, certain technology activities, as well as licensing revenues received.

Recent Trading Activity for ConocoPhillips (NYSE:COP)
Shares of ConocoPhillips closed the previous trading session at 73,00 −0,11 0,15 % with 72.04 shares trading hands.