Notable Stock Analysts Ratings Chevron Corporation (CVX)

Marco Green
January 13, 2018

It now has negative earnings.

Spectrum Management Group Inc increased Chevron Corp New (CVX) stake by 44.02% reported in 2017Q3 SEC filing. Destination Wealth Management sold 5,127 shares as Chevron Corp New (CVX)'s stock declined 3.45%. The Allstate Corp holds 1,733 shares with $204,000 value, down from 36,491 last quarter.

The stock increased 3.25% or $4.1871 during the last trading session, reaching $132.8471. The fund owned 1,064,300 shares of the oil and gas company's stock after acquiring an additional 19,024 shares during the quarter. (NYSE:TRV) has risen 9.71% since January 11, 2017 and is uptrending. It has underperformed by 10.02% the S&P500.

Ratings analysis reveals 25% of FireEye's analysts are positive.

Among 3 analysts covering WesternOne Inc (TSE:WEQ), 0 have Buy rating, 0 Sell and 3 Hold. The lowest target is $11.0 while the high is $18.0. Following the transaction, the insider now directly owns 42,182 shares of the company's stock, valued at approximately $5,019,658. The rating was upgraded by Goldman Sachs to "Neutral" on Friday, March 11. The rating was maintained by RBC Capital Markets with "Sector Perform" on Thursday, January 14.

Analysts await NextEra Energy, Inc.

Analysts await The Mosaic Company (NYSE:MOS) to report earnings on February, 6. It also upped Ishares (IEFA) stake by 9,779 shares and now owns 75,012 shares. During the same quarter last year, the firm posted $0.68 EPS. research analysts anticipate that Chevron Co. will post 4.35 EPS for the current year. Barclays Capital maintained Chevron Corporation (NYSE:CVX) on Tuesday, October 10 with "Equal-Weight" rating.

Shapiro Capital Management Llc holds 6.24% of its portfolio in FireEye, Inc. for 16.38 million shares. Hm Payson And holds 185,161 shares or 0.94% of its portfolio. The Connecticut-based P.A.W. Capital Corp has invested 3.08% in the stock. Sva Plumb Wealth Management Lc, Wisconsin-based fund reported 43,281 shares. The stock increased 1.09% or $0.15 during the last trading session, reaching $13.9. Given that its average daily volume over the 30 days has been 5.39 million shares a day, this signifies a pretty significant change over the norm. Chevron Corporation (NYSE:CVX) has risen 6.68% since January 11, 2017 and is uptrending. It has underperformed by 39.93% the S&P500.

Chevron Corporation (NYSE:CVX) has the Market Capitalization of 243.21 Billion. The oil and gas company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.04. CVX's profit will be $2.26 billion for 27.91 P/E if the $1.19 EPS becomes a reality. After $1.03 actual earnings per share reported by Chevron Corporation for the previous quarter, Wall Street now forecasts 15.53% EPS growth. Out of 6 Wall Street analysts rating Chevron, 5 give it "Buy", 0 "Sell" rating, while 1 recommend "Hold". Therefore 65% are positive. Chevron Corporation had 100 analyst reports since August 4, 2015 according to SRatingsIntel. (The) raised shares of Chevron Corporation to a "buy" rating in a research report on Sunday, December 18th.

BMO this morning upgraded the energy giant to "outperform" from "market perform" and lifted its price target to $140 from $120, citing US tax reform and higher oil prices as two reasons for the bullish note. Credit Agricole initiated the shares of CVX in report on Tuesday, December 15 with "Outperform" rating. BNP Paribas upgraded the shares of CVX in report on Monday, August 7 to "Hold" rating. (NYSE:HBI) on Thursday, August 24 with "Hold" rating. RBC Capital Markets maintained American Express Company (NYSE:AXP) on Wednesday, June 14 with "Sell" rating. The company was maintained on Tuesday, October 24 by Cowen & Co.

Investors sentiment decreased to 0.95 in 2017 Q3. The company maintains price to book ratio of 1.66 industry average at 2.40.

A number of other large investors have also added to or reduced their stakes in CVX. 121 funds opened positions while 584 raised stakes. First holds 1.54% of its portfolio in Chevron Corporation (NYSE:CVX) for 112,738 shares. 37,927 were reported by P Schoenfeld Asset Management Limited Partnership. Redmond Asset Mgmt Ltd Limited Liability Company accumulated 0.95% or 17,677 shares. 88,930 shares were sold by Buckminster Douglas E., worth $8.79M. The current share price of Chevron Corporation is valued at $128.66 with a change in price of 0.64%. Nikko Asset Americas has 1.22% invested in Chevron Corporation (NYSE:CVX). Investors of record on Friday, November 17th were issued a $1.08 dividend. Rocky Mountain Advisers Ltd Liability Com has 1,700 shares. Doheny Asset Management Ca reported 21,818 shares. Cibc World owns 0.6% invested in Chevron Corporation (NYSE:CVX) for 528,935 shares. 24,034 are held by Carroll Incorporated.

Since August 1, 2017, it had 0 insider buys, and 4 sales for $11.07 million activity.

Chevron Corporation (NYSE:CVX) now has a Weekly Volatility of 0.99% percent while its Monthly Volatility is at 1.11% percent. Also, VP R. Hewitt Pate sold 25,500 shares of the firm's stock in a transaction that occurred on Monday, October 16th. The insider KETCHUM JOHN W sold 2,900 shares worth $435,000. Shares for $248,274 were sold by Deily Linnet F. 31,000 Chevron Corporation (NYSE:CVX) shares with value of $3.43 million were sold by JOHNSON JAMES WILLIAM.

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