The shares of ConocoPhillips (NYSE:COP) has been pegged with a rating of Overweight by Piper Jaffray in its latest research note that was published on March 21st, 2019. The research company has also assigned a $75 price target. Piper Jaffray wasnâ€™t the only research firm that published a report of ConocoPhillips, with other equities research analysts also giving their opinion on the stock. Goldman advised investors in its research note published on February 4th, 2019, to Buy the COP stock while also putting a $82 price target. The stock had earned Neutral rating from BofA/Merrill when it published its report on January 4th, 2019. The stock was given Buy rating by Tudor Pickering in its report released on December 14th, 2018. BofA/Merrill was of a view that COP is Buy in its latest report on October 29th, 2018. Goldman thinks that COP is worth Neutral rating. This was contained in the firmâ€™s report on October 2nd, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 8 believe it has the potential for further growth, thus rating it as Hold while 6 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $78.17. The price of the stock the last time has raised by 16.90% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 46.94.
The shares of the company dipped by -1.53% during the trading session on Monday, reaching a low of $66.21 while ending the day at $66.34. During the trading session, a total of 7.19 million shares were traded which represents a -9.39% decline from the average session volume which is 6.57M shares. COP had ended its last session trading at 67.37. ConocoPhillips currently has a market cap of $76.36B, while its P/E ratio stands at 12.46, while its P/E earnings growth sits at 2.09, with a beta of 1.08. ConocoPhillips debt-to-equity ratio currently stands at 0.47, while its quick ratio hovers at 1.70. COP 52-week low price stands at $56.75 while its 52-week high price is $80.24.
The company in its last quarterly report recorded $1.13 earnings per share which is above the $1.01 predicted by most analysts. The ConocoPhillips generated $10,361.00 million in revenue during the last quarter, which is slightly lower than the $9,997.95 million predicted by analysts. In the second quarter last year, the firm recorded $1.36 earnings per share. Compared to the same quarter last year, the firmâ€™s revenue was down by -20.35%. ConocoPhillips has the potential to record 5.33 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Ladenburg Thalmann published a research note on March 9th, 2018 where it informed investors and clients that Avinger, Inc. (NASDAQ:AVGR) is now rated as Buy. Goldman also rated AVGR as Upgrade on February 4th, 2019, with its price target of $74 suggesting that AVGR could surge by 73.2% from its current share price. Even though the stock has been trading at $0.71/share, analysts expect it to surge higher by -5.84% to reach $2.50/share. It started the day trading at $0.709 and traded between $0.63 and $0.67 throughout the trading session.
A look at its technical shows that AVGRâ€™s 50-day SMA is 0.69 while its 200-day SMA stands at 0.84. At the moment, only of Avinger, Inc. shares were sold short. The companyâ€™s average trading volume currently stands at 5.19M shares, which means that the short-interest ratio is just 0.12 days. Over the past seven days, the company moved, with its shift of -27.43%. Looking further, the stock has raised 93.45% over the past 90 days while it lost -37.02% over the last six months.
Renaissance Technologies LLC meanwhile bought more AVGR shares in the recently filed quarter, changing its stake to $456,273 worth of shares. Virtu Financial BD LLC followed the path by increasing its AVGR portfolio by +1,918.48% in the quarter. This means that Virtu Financial BD LLC bought 239,964 shares in the last quarter and now controls 252,472 shares of the AVGR stock, with the valuation hitting $241,363.