RBC Capital Reaffirms Their Buy Rating on Conocophillips (COP)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Scott Hanold reaffirmed a Buy rating on Conocophillips (COP) with a $152 price target on August 20, noting the stock closed at $134.89. This follows a similar Buy rating from Morgan Stanley’s Devin McDermott on the same date, while Truist Financial maintained a Hold rating as of August 11.
RBC Capital analyst Scott Hanold maintained a Buy rating on Conocophillips on August 20 and set a price target of $152.00. The company’s shares closed yesterday at $134.89.
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According to TipRanks, Hanold is a 5-star analyst with an average return of 19.6% and a 69.62% success rate. Hanold covers the Energy sector, focusing on stocks such as California Resources Corp, SM Energy, and Kimbell Royalty Partners.
In addition to RBC Capital, Conocophillips also received a Buy from Morgan Stanley’s Devin McDermott in a report issued on August 20. However, on August 11, Truist Financial maintained a Hold rating on Conocophillips (NYSE: COP).