Cop stock price analysts forecast COP stock price could

Analysts forecast COP stock price could retest $135 if current macro conditions persist, citing robust free cash flow projections and stable dividend yields appealing to long-term shareholders. As of 2:56 p.m. ET on Monday, shares of ConocoPhillips are down 3%. Investors might also notice recent changes to analyst estimates for ConocoPhillips. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Current market data shows COP stock price up 7% over the past 30 days, outperforming the S&P 500 Energy Index thanks to sustained production growth across Permian Basin operations.