HomeMost PopularCitigroup Upgrades Chevron (XTRA:CHV)

Citigroup Upgrades Chevron (XTRA:CHV)

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Fintel reports that on November 26, 2024, Citigroup upgraded their outlook for Chevron (XTRA:CHV) from Neutral to Buy.

Analyst Price Forecast Suggests 2.89% Upside

As of October 22, 2024, the average one-year price target for Chevron is 157,48 €/share. The forecasts range from a low of 133,79 € to a high of 184,17 €. The average price target represents an increase of 2.89% from its latest reported closing price of 153,06 € / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Chevron is 216,442MM, an increase of 12.91%. The projected annual non-GAAP EPS is 15.09.

What is the Fund Sentiment?

There are 4,810 funds or institutions reporting positions in Chevron. This is an decrease of 24 owner(s) or 0.50% in the last quarter. Average portfolio weight of all funds dedicated to CHV is 0.51%, an increase of 27.91%. Total shares owned by institutions decreased in the last three months by 1.97% to 1,532,037K shares.

What are Other Shareholders Doing?

DE:CHV / Chevron Corporation Shares Held by Institutions

BlackRock holds 128,959K shares representing 7.18% ownership of the company.

Berkshire Hathaway holds 118,611K shares representing 6.60% ownership of the company. No change in the last quarter.

VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 55,079K shares representing 3.06% ownership of the company. In its prior filing, the firm reported owning 55,435K shares , representing a decrease of 0.65%. The firm decreased its portfolio allocation in CHV by 12.14% over the last quarter.

VFINX – Vanguard 500 Index Fund Investor Shares holds 44,549K shares representing 2.48% ownership of the company. In its prior filing, the firm reported owning 43,990K shares , representing an increase of 1.26%. The firm decreased its portfolio allocation in CHV by 12.26% over the last quarter.

XLE – The Energy Select Sector SPDR Fund holds 37,372K shares representing 2.08% ownership of the company. In its prior filing, the firm reported owning 43,018K shares , representing a decrease of 15.11%. The firm decreased its portfolio allocation in CHV by 12.66% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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