Chesapeake Energy (NASDAQ:EXE) Price Target Raised to $132.00

Chesapeake Energy (NASDAQ:EXE) had its price objective boosted by equities researchers at Mizuho from $128.00 to $132.00 in a research note issued on Thursday,Briefing.com Automated Import reports. The brokerage currently has an “outperform” rating on the stock. Mizuho’s price target would suggest a potential upside of 28.87% from the company’s current price.

A number of other equities analysts also recently weighed in on the stock. UBS Group upped their price target on shares of Chesapeake Energy from $119.00 to $133.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Barclays upped their target price on Chesapeake Energy from $94.00 to $113.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 30th. Morgan Stanley initiated coverage on Chesapeake Energy in a report on Friday, January 10th. They set an “overweight” rating and a $127.00 price target for the company. JPMorgan Chase & Co. began coverage on Chesapeake Energy in a research note on Thursday, January 16th. They issued an “overweight” rating and a $112.00 price target for the company. Finally, Scotiabank raised shares of Chesapeake Energy from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the company from $105.00 to $130.00 in a research report on Friday, January 17th. Five investment 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 company’s stock. According to data from MarketBeat.com, Chesapeake Energy currently has an average rating of “Moderate Buy” and an average target price of $116.41.

Chesapeake Energy Trading Down 0.4 %

Shares of NASDAQ EXE opened at $102.43 on Thursday. 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 has a one year low of $69.12 and a one year high of $109.47. The business’s 50-day simple moving average is $102.58. The firm has a market cap of $23.67 billion, a price-to-earnings ratio of 63.23 and a beta of 0.52.

Chesapeake Energy (NASDAQ:EXE) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.53 by $0.02. The business had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Chesapeake Energy had a net margin of 6.07% and a return on equity of 2.74%. Research analysts anticipate that Chesapeake Energy will post 1.33 EPS 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.