Chesapeake Energy (NASDAQ:EXE - Get Free Report) had its price objective boosted by equities researchers at Mizuho from $105.00 to $110.00 in a research report issued on Thursday, Benzinga reports. The firm presently has an "outperform" rating on the stock. Mizuho's price objective suggests a potential upside of 29.84% from the company's previous close.
Several other equities research analysts have also recently issued reports on EXE. Stephens boosted their price objective on shares of Chesapeake Energy from $85.00 to $86.00 and gave the company an "equal weight" rating in a research report on Wednesday. UBS Group lifted their price target on shares of Chesapeake Energy from $85.00 to $89.00 and gave the company a "neutral" rating in a research note on Tuesday, October 8th. Citigroup increased their price objective on Chesapeake Energy from $90.00 to $97.00 and gave the stock a "buy" rating in a research note on Tuesday, October 8th. Bank of America started coverage on Chesapeake Energy in a research report on Monday. They set a "buy" rating and a $114.00 target price for the company. Finally, Roth Capital raised Chesapeake Energy to a "strong-buy" rating in a research report on Friday, September 27th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Chesapeake Energy currently has an average rating of "Moderate Buy" and a consensus target price of $99.20.
Read Our Latest Research Report on Chesapeake Energy
Chesapeake Energy Trading Down 4.5 %
Shares of EXE traded down $3.98 during midday trading on Thursday, hitting $84.72. The stock had a trading volume of 2,600,852 shares, compared to its average volume of 2,040,281. The company has a market cap of $11.12 billion, a P/E ratio of 29.00 and a beta of 0.47. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 0.19. Chesapeake Energy has a 1 year low of $69.12 and a 1 year high of $93.58.
Chesapeake Energy (NASDAQ:EXE - Get Free Report) last posted its quarterly earnings data on Monday, July 29th. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by ($0.01). Chesapeake Energy had a return on equity of 4.00% and a net margin of 8.68%. The firm had revenue of $378.00 million during the quarter, compared to analysts' expectations of $556.35 million. As a group, analysts expect that Chesapeake Energy will post 1.3 EPS for the current year.
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.
Featured Articles
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
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
