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Stephens Increases Chesapeake Energy (NASDAQ:EXE) Price Target to $85.00

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Chesapeake Energy (NASDAQ:EXE - Get Free Report) had its price objective raised by Stephens from $84.00 to $85.00 in a research report issued on Thursday, Benzinga reports. The firm currently has an "equal weight" rating on the stock. Stephens' target price points to a potential downside of 2.93% from the stock's current price.

EXE has been the topic of several other reports. UBS Group upped their target price on shares of Chesapeake Energy from $85.00 to $89.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 8th. Roth Capital upgraded shares of Chesapeake Energy to a "strong-buy" rating in a research report on Friday, September 27th. Finally, Citigroup upped their target price on shares of Chesapeake Energy from $90.00 to $97.00 and gave the stock a "buy" rating in a research report on Tuesday, October 8th.

Get Our Latest Report on Chesapeake Energy

Chesapeake Energy Trading Up 1.3 %

Shares of Chesapeake Energy stock traded up $1.11 on Thursday, reaching $87.57. 1,782,448 shares of the stock were exchanged, compared to its average volume of 2,035,192. Chesapeake Energy has a 1-year low of $69.12 and a 1-year high of $93.58. The company has a quick ratio of 2.16, a current ratio of 2.16 and a debt-to-equity ratio of 0.19. The firm has a market cap of $11.50 billion, a price-to-earnings ratio of -149.07 and a beta of 0.47.

Chesapeake Energy Company Profile

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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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