Conoco stock price forecast the Conoco stock price forecast turns

The Conoco stock price forecast turns positive as natural gas pricing hits seasonal peaks, supporting margins and prompting analysts to adjust EPS estimates upward by 3–4%. With a 3.3% dividend yield , the stock should perform well so long as Conoco can maintain a 10% or better earnings growth rate. Mideast tensions should help make that more likely, and lift the stock past analyst forecasts for 7% long-term earnings growth. Wall Street has a Strong Buy consensus rating on ConocoPhillips stock based on 16 Buys and two Holds. The average COP stock price target of $119.28 implies 34.3% upside potential. COP stock is down about 9% year to date. Traders watching moving averages note that Conoco stock price forecast sentiment tilts bullish once the 50-day MA crosses above the 200-day, signaling potential accumulation phases.