For 2017 so far, CHK stock is down 22%, despite UBS finding the fourth quarter "mildly encouraging" and upgrading the stock.
Chesapeake Energy Corporation has 1 year price target of $7.43. Comerica Bank's holdings in Chesapeake Energy were worth $1,603,000 at the end of the most recent quarter. Putnam Investments LLC increased its stake in shares of Chesapeake Energy by 6.9% in the fourth quarter. Public Employees Retirement System of OH now owns 242,309 shares of the oil and gas exploration company's stock valued at $1,037,000 after buying an additional 95,667 shares in the last quarter. Public Employees Retirement System of OH now owns 242,309 shares of the oil and gas exploration company's stock valued at $1,037,000 after buying an additional 95,667 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its position in shares of Chesapeake Energy by 37.1% in the third quarter. U.S. Energy Corp. has a 52-week low of 0.75 and a 52-week high of 2.84. The growth estimate for the next five years is 5 percent (per annum). The Stock opened its session at $5.5 and closed at $5.45 by showing increase of 0 percent. The firm's market capitalization is $4.69 billion. The company's 50-day moving average price is $5.86 and its 200-day moving average price is $6.47. 57502 shares were traded on U.S. Energy Corp.'s last session. The fund owned 231,588 shares of the oil and gas exploration company's stock after buying an additional 32,543 shares during the period. The business earned $2.02 billion during the quarter, compared to the consensus estimate of $2.09 billion. The company reported its last quarter on Dec 16.
02/24/2017 - Chesapeake Energy Corporation had its "buy" rating reiterated by analysts at Wunderlich. On average, equities research analysts expect that Chesapeake Energy Co. will post $0.71 EPS for the current fiscal year.
CHK has been the topic of several other research reports. Chesapeake Energy presently has a consensus rating of "Hold" and a consensus price target of $7.31.
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A target price is the foretold price level of a shares proclaimed by a street expert.
12/19/2016 - Mizuho began new coverage on Chesapeake Energy Corporation giving the company a "neutral" rating. RBC Capital Upgrades the company's stock to Sector Perform on 10/25/16 with no specific Price Target. KLR Group reiterated a "buy" rating and set a $11.00 price target (up from $10.00) on shares of Chesapeake Energy in a report on Friday, December 23rd. (NYSE:CHK) in a research note issued to investors on Tuesday. Analysts have a mean recommendation of 2.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).
Target prices have a considerable bearing on the stock movement. The shares were purchased at an average price of $5.24 per share, with a total value of $2,620,000.00. Following the purchase, the director now directly owns 4,637,717 shares in the company, valued at approximately $24,301,637.08. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $1,575,840.00 on company shares.
Chesapeake Energy Corporation (CHK) now has a consensus Price Target of $7.43. The Company operates through Oil and Gas segment. The Company is also pursuing acquisitions of exploration, development and production-stage oil and gas properties or companies. Hedge funds and other institutional investors own 66.74% of the company's stock.