Concho Resources Price Target, Predictions & Analyst Ratings

Notice: This company has been marked as potentially delisted and may not be actively trading.
0.00 (0.00 %)
(As of 01/15/2021)
Today's Range
50-Day Range
52-Week Range
Volume18.05 million shs
Average Volume3.61 million shs
Market Capitalization$12.88 billion
P/E RatioN/A
Dividend Yield1.22%

Concho Resources (NYSE:CXO) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
16 Wall Street analysts have issued ratings and price targets for Concho Resources in the last 12 months. Their average twelve-month price target is $65.05, predicting that the stock has a possible downside of 0.84%. The high price target for CXO is $79.00 and the low price target for CXO is $50.00. There are currently 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of "Buy."
TypeToday30 Days Ago90 Days Ago180 Days Ago
CXO Consensus Rating: BuyBuyBuyBuy
CXO Consensus Rating Score: 2.502.562.582.60
CXO Analyst Ratings: 0 Sell Rating(s)
8 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
8 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
10 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
10 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
CXO Consensus Price Target: $65.05$67.48$67.67$69.99
CXO Price Target Upside: 0.84% downside28.53% upside25.48% upside27.40% upside

Concho Resources (NYSE:CXO) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Concho Resources (NYSE:CXO) Analyst Ratings History

DateBrokerageAnalyst NameActionRatingPrice TargetDetails
Boost Price TargetOverweight$70.00 ➝ $73.00
1/13/2021Siebert Williams Shank
Reiterated RatingBuy$78.00
11/20/2020Stifel Nicolaus
DowngradeBuy ➝ Hold$56.00
Reiterated RatingPositive ➝ Sector Perform$43.00 ➝ $65.70
11/17/2020Morgan Stanley
DowngradeOverweight ➝ Equal Weight$56.00
10/30/2020Johnson Rice
DowngradeAccumulate ➝ Hold$64.00
DowngradeOverweight ➝ Equal Weight$81.00 ➝ $51.00
10/21/2020TD Securities
DowngradeHold ➝ Tender
10/21/2020US Capital Advisors
DowngradeBuy ➝ Hold
10/21/2020Raymond James
DowngradeStrong-Buy ➝ Outperform$70.00 ➝ $64.00
10/20/2020MKM Partners
DowngradeBuy ➝ Neutral$50.00
10/19/2020Wells Fargo & Company
DowngradeOverweight ➝ Equal Weight
9/28/2020Bank of America
Doug Leggate
Lower Price TargetBuy$70.00 ➝ $65.00
9/14/2020Northland Securities
Initiated CoverageOutperform$73.00
8/13/2020Piper Sandler
Boost Price TargetOverweight$75.00 ➝ $79.00
8/4/2020Credit Suisse Group
William Janela
Initiated CoverageBuy$70.00
7/28/2020SunTrust Banks
UpgradeHold ➝ Buy$60.00 ➝ $66.00
7/27/2020Seaport Global Securities
N. Pope
Initiated CoverageBuy$70.00
6/29/2020UBS Group
Boost Price TargetBuy$74.00 ➝ $99.00
DowngradeBuy ➝ Neutral$68.00 ➝ $69.00
6/3/2020R. F. Lafferty
Jaime Perez
Initiated CoverageBuy$68.00
Lower Price TargetOverweight$77.00 ➝ $74.00
UpgradeNeutral ➝ Buy$76.00
4/30/2020Royal Bank of Canada
Reiterated RatingBuy
2/20/2020JPMorgan Chase & Co.
Lower Price TargetOverweight$130.00 ➝ $118.00
Initiated CoverageBuy$105.00
10/30/2019Williams Capital
Gabriele Sorbara
Reiterated RatingBuy$100.00
9/3/2019Mitsubishi UFJ Financial Group
Lower Price TargetOverweight$121.00 ➝ $116.00
6/19/2019Susquehanna Bancshares
Lower Price TargetPositive$150.00 ➝ $143.00
David Deckelbaum
Set Price TargetBuy$140.00
2/3/2019Ifs Securities
E. Kantor
Reiterated RatingStrong-Buy
12/17/2018Jefferies Financial Group
Mark Lear
Reiterated RatingBuy$196.00
11/13/2018BMO Capital Markets
Reiterated RatingBuy$200.00
11/1/2018Sanford C. Bernstein
Bob Brackett
UpgradeMarket Perform ➝ Outperform$181.00
10/24/2018Piper Jaffray Companies
Kashy Harrison
Reiterated RatingBuy$209.00
8/20/2018KLR Group
Reiterated RatingBuy$175.00
(Data available from 7/28/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 7/28/2021 by MarketBeat.com Staff
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