Uniti Group Inc. (UNIT) Forms $16.25 Double Bottom; ConocoPhillips (COP) Had 17 Analysts Last Week

March 31, 2018 - By Jerrie Dane

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Uniti Group Inc. (UNIT) formed double bottom with $15.76 target or 3.00% below today’s $16.25 share price. Uniti Group Inc. (UNIT) has $2.85B valuation. The stock increased 0.43% or $0.07 during the last trading session, reaching $16.25. About 1.38M shares traded. Uniti Group Inc. (NASDAQ:UNIT) has declined 35.45% since March 31, 2017 and is downtrending. It has underperformed by 47.00% the S&P500.

Among 25 analysts covering ConocoPhillips (NYSE:COP), 17 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. ConocoPhillips had 92 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Piper Jaffray on Thursday, November 9. As per Monday, December 11, the company rating was initiated by Credit Suisse. On Tuesday, November 15 the stock rating was downgraded by CLSA to “Underperform”. As per Tuesday, March 29, the company rating was maintained by Deutsche Bank. The company was maintained on Tuesday, June 13 by RBC Capital Markets. Citigroup maintained it with “Buy” rating and $63 target in Friday, February 9 report. On Thursday, August 24 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was maintained by Wells Fargo with “Outperform” on Friday, October 27. RBC Capital Markets maintained ConocoPhillips (NYSE:COP) on Thursday, September 28 with “Buy” rating. The firm has “Buy” rating given on Tuesday, November 21 by Piper Jaffray. See ConocoPhillips (NYSE:COP) latest ratings:

07/03/2018 Broker: UBS Rating: Buy New Target: $60 Initiates Coverage On
09/02/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $57 New Target: $63 Maintain
05/02/2018 Broker: Piper Jaffray Rating: Buy New Target: $65.0 Maintain
02/02/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $59 New Target: $72 Maintain
01/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $63.0 Maintain
23/01/2018 Broker: Piper Jaffray Rating: Buy New Target: $63.0 Maintain
24/01/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $48 New Target: $65 Maintain
19/01/2018 Broker: Jefferies Rating: Buy New Target: $68.0 Maintain
18/01/2018 Broker: Cowen & Co Rating: Buy New Target: $70.0 Maintain
20/12/2017 Broker: Jefferies Rating: Buy New Target: $59.0 Maintain

The stock increased 0.95% or $0.56 during the last trading session, reaching $59.29. About 8.47M shares traded or 43.69% up from the average. ConocoPhillips (NYSE:COP) has risen 33.53% since March 31, 2017 and is uptrending. It has outperformed by 21.98% the S&P500.

Investors sentiment increased to 0.72 in 2017 Q4. Its up 0.09, from 0.63 in 2017Q3. It improved, as 42 investors sold ConocoPhillips shares while 534 reduced holdings. 121 funds opened positions while 296 raised stakes. 805.62 million shares or 1.13% less from 814.86 million shares in 2017Q3 were reported. Westpac Bk Corp reported 76,643 shares. Asset Mgmt One Ltd stated it has 1.93 million shares. Lowe Brockenbrough And holds 16,363 shares. Greenwood Assocs Ltd Limited Liability Company has invested 1.47% in ConocoPhillips (NYSE:COP). Chemung Canal has invested 0.05% in ConocoPhillips (NYSE:COP). Yorktown Mngmt And Rech reported 22,000 shares. Susquehanna Grp Limited Liability Partnership has 49,939 shares. Btc Mgmt holds 95,952 shares. Somerville Kurt F stated it has 0.13% in ConocoPhillips (NYSE:COP). The New Jersey-based Palisade Mgmt Ltd Llc Nj has invested 0.03% in ConocoPhillips (NYSE:COP). Nine Masts holds 0.02% or 2,170 shares in its portfolio. Lpl Financial Limited Co holds 301,455 shares. Hugh Johnson Advsr Ltd Com holds 0.8% or 50,041 shares in its portfolio. Maryland Mgmt has invested 0.37% in ConocoPhillips (NYSE:COP). Trust Of Toledo Na Oh stated it has 19,254 shares or 0.26% of all its holdings.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas , and natural gas liquids worldwide. The company has market cap of $69.64 billion. The Company’s portfolio includes North American tight oil and oil sands assets; lower-risk conventional assets in North America, Europe, Asia, and Australia; various LNG developments; and an inventory of conventional and unconventional exploration prospects. It currently has negative earnings.

ConocoPhillips (NYSE:COP) Institutional Positions Chart