Analyst Stance On Two Stocks: Occidental Petroleum Corporation (OXY), The Gap, Inc. (GPS)

The recently concluded session had traders exchanging Occidental Petroleum Corporation (NYSE:OXY) low level. Roughly 2.72 million shares changed hands compared to the three-month volume average 4.09 million shares. The first trade took place at $70.17 and the stock went down -0.09% to attain the closing price of $70.

Occidental Petroleum Corporation (OXY) Analyst Opinion

Occidental Petroleum Corporation has a consensus hold rating from 24 Wall Street analysts, and the number of shares currently sold short amount to at least 1.18% of shares outstanding. The stock spiked 2.55% last month and is down -1.73 this year. Wall Street is only getting more bullish on the stock, with 8 of analysts who cover OXY having a buy-equivalent rating. Analysts have placed a $67.95 price target on Occidental Petroleum Corporation, suggesting a -2.93% decline from recent close. It’s currently trading about -4.77% below its 52-week high.

Occidental Petroleum Corporation Earnings Surprise

Occidental Petroleum Corporation (OXY) surprised the stock market in its last reported earnings when it earned $0.18 a piece versus the consensus-estimated $0.11. Its revenue totaled $3.09 billion down -14.29% from the previous quarter.

Occidental Petroleum Corporation (NYSE:OXY) Intraday View

This stock (OXY) is ahead of its 52-week low with 22.38%. Its last month’s stock price volatility remained 1.52% which for the week stands at 1.15%. The share price has moved forward from its 20 days moving average, trading at a distance of 2.18% and stays 5.5% away from its 50 days moving average. Over the last five days, shares have managed 1.51% gains and now is up 11.58% since hitting its 200-day moving average of $62.63. Occidental Petroleum Corporation (OXY) has made its way to a 12-month decline of -1.38%.

Turning to The Gap, Inc. (NYSE:GPS), its shares were trading at $33.32 a retreat of $-0.77, on the trading floor. The stock, after opening at $33.87, touched a high of $33.94 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.8. The Gap, Inc. has 3 buy ratings, 19 holds and 1 sells even after the stock tumbled -2.86% from its high of $34.30 to a $13.03 billion market value through last close.

The Gap, Inc. (GPS) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.93 to 2.85 during a month. Analysts set a 12-month price target of $28.68 a share. The target implies a -13.93% decrease from where the shares are currently trading. Also, the current price highlights a discount of 23.05% to analysts’ high consensus price target.

The Gap, Inc. (NYSE:GPS) Intraday Trading

The counter witnessed a trading volume of 6.66 million shares versus an average volume of 6.05 million shares during last trading session. Its last month’s stock price volatility remained 4.5% which for the week approaches 3.66%. The lowest price the stock reached in the last trading day was $32.81 and compares with the $21.02 52-week low. The stock recovered 58.52% since its low point and has performed 48.48% year-to-date.

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