Home » USA Broker Ratings » Chevron Corporation – Consensus Indicates Potential 11.9% Upside

Chevron Corporation – Consensus Indicates Potential 11.9% Upside

Chevron Corporation with ticker code (CVX) have now 22 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 127 and 70 calculating the average target price we see 100.32. Now with the previous closing price of 89.62 this would imply there is a potential upside of 11.9%. There is a 50 day moving average of 87.88 and the 200 moving average now moves to 90.18. The company has a market cap of $169,399m. Company Website: http://www.chevron.com

Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals, and fuel and lubricant additives, as well as plastics for industrial uses. Chevron Corporation is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.

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