Goldman Sachs Believes CVX Won’t Stop HereBy Ryan Adsit
According to TipRanks.com, Mehta is a 4-star analyst with an average return of 6.2% and a 60.0% success rate. Mehta covers the Basic Materials sector, focusing on stocks such as Calumet Specialty Products, Cloud Peak Energy Inc, and Peabody Energy Corp.
Chevron Corp. has an analyst consensus of Moderate Buy, with a price target consensus of $115.67.
Based on Chevron Corp.’s latest earnings report from June 30, the company posted quarterly revenue of $27.84B and quarterly net profit of -$1.47B. In comparison, last year the company earned revenue of $32.77B and had a net profit of $2.04B.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2016, Jeanette Ourada, a the Vice Pres. and Comptroller of CVX sold 7,000 shares for a total of $711,830.