Chesapeake Energy (NASDAQ:EXE – Free Report) had its price objective boosted by Stephens from $85.00 to $86.00 in a report published on Wednesday morning, Benzinga reports. The brokerage currently has an equal weight rating on the stock.
Several other equities analysts have also commented on EXE. Bank of America began coverage on shares of Chesapeake Energy in a research report on Monday. They issued a “buy” rating and a $114.00 price objective for the company. Roth Capital raised shares of Chesapeake Energy to a “strong-buy” rating in a research report on Friday, September 27th. Citigroup increased their price objective on shares of Chesapeake Energy from $90.00 to $97.00 and gave the company a “buy” rating in a research report on Tuesday, October 8th. Finally, UBS Group increased their price objective on shares of Chesapeake Energy from $85.00 to $89.00 and gave the company a “neutral” rating in a research report on Tuesday, October 8th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Chesapeake Energy has a consensus rating of “Moderate Buy” and a consensus target price of $96.50.
Check Out Our Latest Research Report on Chesapeake Energy
Chesapeake Energy Price Performance
Chesapeake Energy (NASDAQ:EXE – Get Free Report) last released its quarterly earnings results on Monday, July 29th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). The firm had revenue of $378.00 million for the quarter, compared to analysts’ expectations of $556.35 million. Chesapeake Energy had a net margin of 8.68% and a return on equity of 4.00%. Equities research analysts expect that Chesapeake Energy will post 1.3 earnings per share for the current year.
About Chesapeake Energy
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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