Chesapeake Energy (NASDAQ:EXE - Get Free Report) had its price target raised by analysts at Barclays from $113.00 to $117.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an "equal weight" rating on the stock. Barclays's price objective suggests a potential upside of 16.19% from the stock's current price.
Several other brokerages have also commented on EXE. Benchmark restated a "buy" rating and set a $93.00 target price on shares of Chesapeake Energy in a research report on Wednesday, January 15th. Morgan Stanley initiated coverage on Chesapeake Energy in a research note on Friday, January 10th. They issued an "overweight" rating and a $127.00 price objective for the company. Raymond James initiated coverage on Chesapeake Energy in a research note on Tuesday, February 4th. They issued a "strong-buy" rating and a $135.00 price objective for the company. Mizuho increased their price target on Chesapeake Energy from $128.00 to $132.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Finally, JPMorgan Chase & Co. assumed coverage on Chesapeake Energy in a research report on Thursday, January 16th. They set an "overweight" rating and a $112.00 price target for the company. Five equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Chesapeake Energy has a consensus rating of "Moderate Buy" and a consensus price target of $116.65.
Read Our Latest Research Report on EXE
Chesapeake Energy Trading Up 2.4 %
EXE traded up $2.35 on Friday, reaching $100.70. The stock had a trading volume of 4,372,182 shares, compared to its average volume of 3,051,356. The firm's 50-day moving average price is $102.99. Chesapeake Energy has a fifty-two week low of $69.12 and a fifty-two week high of $109.47. The stock has a market cap of $23.43 billion, a P/E ratio of 62.16 and a beta of 0.52. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.00 and a quick ratio of 2.00.
Chesapeake Energy (NASDAQ:EXE - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The company reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.53 by $0.02. Chesapeake Energy had a return on equity of 2.74% and a net margin of 6.07%. The firm had revenue of $2 billion for the quarter, compared to analyst estimates of $1.82 billion. Sell-side analysts anticipate that Chesapeake Energy will post 1.33 EPS for the current fiscal year.
Chesapeake Energy Company Profile
(
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.
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