Chevron Corp Receives a Hold from Credit Suisse


Credit Suisse analyst William Featherston maintained a Hold rating on Chevron Corp (NYSE: CVX) on July 10 and set a price target of $138. The company’s shares opened today at $124.26.

According to TipRanks.com, Featherston is a 3-star analyst with an average return of 2.4% and a 54.8% success rate. Featherston covers the Basic Materials sector, focusing on stocks such as Anadarko Petroleum, Concho Resources, and Pioneer Natural.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Chevron Corp with a $141.50 average price target.

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Chevron Corp’s market cap is currently $236B and has a P/E ratio of 23.17. The company has a Price to Book ratio of 1.57.

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, James William Johnson, the EVP of CVX sold 9,500 shares for a total of $1,229,680.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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