Raymond James started coverage on shares of Chesapeake Energy (NASDAQ:EXE - Free Report) in a report published on Tuesday morning, MarketBeat reports. The firm issued a strong-buy rating and a $135.00 price target on the stock.
Other equities analysts also recently issued reports about the stock. Benchmark restated a "buy" rating and set a $93.00 price objective on shares of Chesapeake Energy in a research note on Wednesday, January 15th. Morgan Stanley assumed coverage on Chesapeake Energy in a research report on Friday, January 10th. They set an "overweight" rating and a $127.00 price target for the company. Piper Sandler initiated coverage on Chesapeake Energy in a research report on Tuesday, January 28th. They set a "neutral" rating and a $96.00 price target on the stock. UBS Group raised shares of Chesapeake Energy from a "neutral" rating to a "buy" rating and raised their target price for the company from $94.00 to $123.00 in a research note on Monday, December 9th. Finally, Scotiabank raised shares of Chesapeake Energy from a "sector perform" rating to a "sector outperform" rating and upped their price target for the stock from $105.00 to $130.00 in a research report on Friday, January 17th. Five research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Chesapeake Energy has a consensus rating of "Moderate Buy" and a consensus target price of $115.59.
Check Out Our Latest Stock Analysis on Chesapeake Energy
Chesapeake Energy Price Performance
EXE stock traded down $0.87 during trading hours on Tuesday, reaching $103.00. 1,574,929 shares of the stock were exchanged, compared to its average volume of 2,836,477. The firm's 50-day simple moving average is $100.71. Chesapeake Energy has a 12 month low of $69.12 and a 12 month high of $109.47. The company has a market cap of $23.80 billion, a P/E ratio of 63.58 and a beta of 0.52. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.00.
Insider Buying and Selling at Chesapeake Energy
In related news, Director Catherine A. Kehr sold 43,623 shares of the business's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $99.58, for a total value of $4,343,978.34. Following the completion of the transaction, the director now owns 5,201 shares of the company's stock, valued at $517,915.58. The trade was a 89.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.17% of the company's stock.
About Chesapeake Energy
(
Get Free Report)
Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.
Recommended Stories
Before you consider Chesapeake Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Chesapeake Energy wasn't on the list.
While Chesapeake Energy currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
