In a report released yesterday, Biraj Borkhataria from RBC Capital reiterated a Hold rating on Chevron Corp (NYSE: CVX), with a price target of $150. The company’s shares opened today at $119.91.
Borkhataria has an average return of 1.6% when recommending Chevron Corp.
According to TipRanks.com, Borkhataria is ranked #2961 out of 4879 analysts.
Currently, the analyst consensus on Chevron Corp is a Moderate Buy with an average price target of $140.86, implying a 17.5% upside from current levels. In a report issued on September 6, Merrill Lynch also downgraded the stock to Hold with a $135 price target.
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The company has a one-year high of $133.88 and a one-year low of $108.02. Currently, Chevron Corp has an average volume of 5.15M.
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