Chevron Corporation (NYSE: CVX) has recently received a number of price target changes and ratings updates:

  • 10/19/2017 – Chevron Corporation had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $137.00 price target on the stock.
  • 10/19/2017 – Chevron Corporation had its “market perform” rating reaffirmed by analysts at Wells Fargo & Company. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 10/18/2017 – Chevron Corporation was downgraded by analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating. They now have a $120.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 10/18/2017 – Chevron Corporation was downgraded by analysts at Societe Generale from a “buy” rating to a “hold” rating. They now have a $130.00 price target on the stock, up previously from $120.00.
  • 10/18/2017 – Chevron Corporation had its price target raised by analysts at Morgan Stanley from $120.00 to $130.00. They now have an “overweight” rating on the stock.
  • 10/17/2017 – Chevron Corporation was upgraded by analysts at Macquarie from a “neutral” rating to an “outperform” rating. They now have a $135.00 price target on the stock.
  • 10/16/2017 – Chevron Corporation was upgraded by analysts at Wolfe Research from a “market perform” rating to an “outperform” rating.
  • 10/16/2017 – Chevron Corporation was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $124.92 price target on the stock.
  • 10/11/2017 – Chevron Corporation was upgraded by analysts at Barclays PLC to an “overweight” rating.
  • 10/10/2017 – Chevron Corporation had its price target raised by analysts at Barclays PLC from $120.00 to $130.00. They now have an “overweight” rating on the stock.
  • 10/3/2017 – Chevron Corporation had its “market perform” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $108.00 price target on the stock, up previously from $100.00.
  • 10/3/2017 – Chevron Corporation had its “buy” rating reaffirmed by analysts at Bank of America Corporation. They now have a $125.00 price target on the stock, up previously from $120.00.
  • 10/3/2017 – Chevron Corporation had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $130.00 price target on the stock.
  • 9/19/2017 – Chevron Corporation had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $122.00 price target on the stock.
  • 9/19/2017 – Chevron Corporation had its “buy” rating reaffirmed by analysts at Goldman Sachs Group, Inc. (The). They now have a $123.00 price target on the stock, up previously from $118.00.
  • 9/16/2017 – Chevron Corporation had its “overweight” rating reaffirmed by analysts at J P Morgan Chase & Co.
  • 9/15/2017 – Chevron Corporation had its “buy” rating reaffirmed by analysts at Scotiabank.
  • 9/6/2017 – Chevron Corporation was given a new $105.00 price target on by analysts at UBS AG. They now have a “neutral” rating on the stock.
  • 8/29/2017 – Chevron Corporation was given a new $130.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 8/25/2017 – Chevron Corporation was given a new $123.00 price target on by analysts at Credit Suisse Group. They now have a “buy” rating on the stock.
  • 8/25/2017 – Chevron Corporation was given a new $119.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.

Shares of Chevron Corporation (NYSE CVX) opened at 118.93 on Tuesday. The firm has a market capitalization of $225.37 billion, a price-to-earnings ratio of 38.56 and a beta of 1.24. Chevron Corporation has a 12-month low of $99.87 and a 12-month high of $120.89. The firm’s 50-day moving average is $116.53 and its 200-day moving average is $108.79.

Chevron Corporation (NYSE:CVX) last released its quarterly earnings data on Friday, July 28th. The oil and gas company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.02. Chevron Corporation had a net margin of 4.50% and a return on equity of 4.13%. The company had revenue of $34.48 billion during the quarter, compared to the consensus estimate of $32.77 billion. During the same period in the previous year, the firm earned ($0.78) earnings per share. Chevron Corporation’s revenue for the quarter was up 17.8% on a year-over-year basis. Equities research analysts forecast that Chevron Corporation will post $4.07 EPS for the current fiscal year.

In other news, CFO Patricia E. Yarrington sold 39,000 shares of the business’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $111.00, for a total transaction of $4,329,000.00. Following the transaction, the chief financial officer now directly owns 43,838 shares of the company’s stock, valued at $4,866,018. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider James William Johnson sold 31,000 shares of the business’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $110.68, for a total transaction of $3,431,080.00. Following the transaction, the insider now directly owns 11,000 shares in the company, valued at $1,217,480. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 97,812 shares of company stock valued at $11,068,343. 0.38% of the stock is owned by insiders.

Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates, and provides administrative, financial, management and technology support to the United States and international subsidiaries that engage in integrated energy and chemicals operations. The Company operates through two business segments: Upstream and Downstream.

Receive News & Ratings for Chevron Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chevron Corporation and related companies with MarketBeat.com's FREE daily email newsletter.