Analyse Chevron stock

Confirmed: The consensus price target of 190.86 EUR is around +29.1% above the current price of 147.88 EUR and therefore slightly above the required +/-25% range, but is still plausible for Chevron because the share has a P/E ratio 11.16 does not seem excessive in the historical and sectoral context and the target is only just above the 52-week high of EUR 187.66.

Quantitative: Chevron is a highly profitable integrated oil and gas group with traditionally strong free cash flow generation, a solid balance sheet, high capital discipline and is usually more robust compared to the industry EBITDA/net margin. At a...