Chevron Co. (NYSE:CVX) Receives Average Rating of “Buy” from Analysts
Shares of Chevron Co. (NYSE:CVX) have been given a consensus rating of “Buy” by the eighteen analysts that are presently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $136.06.
CVX has been the topic of a number of recent research reports. Morgan Stanley cut their price objective on Chevron from $142.00 to $141.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 13th. Independent Research set a $127.00 price objective on Chevron and gave the stock a “neutral” rating in a research report on Thursday, August 29th. BMO Capital Markets ...