Is Chevron Stock a Buy?
Oil and gas giant (NYSE: CVX) is a well-known dividend stock and a staple in global energy. Despite operating in energy, where up-and-down commodity prices can impact business, Chevron has consistently put cash in its shareholders' pockets.
Today Chevron faces more uncertainty. Oil prices have dropped, and the company's working through a massive acquisition that's facing potential geopolitical trouble. The result is a stock trading near its 52-week lows.
Should investors lean into the fear and buy the stock? Here is what you need to know.
Source Fool.com
Chevron Corp. Stock
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
As a result the target price of 179 € shows a positive potential of 23.13% compared to the current price of 145.38 € for Chevron Corp..