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

Chesapeake Energy (NASDAQ:EXE) had its price objective hoisted by analysts at Mizuho from $128.00 to $132.00 in a research report issued on Thursday, Marketbeat Ratings reports. The firm presently has an “outperform” rating on the stock. Mizuho’s target price would suggest a potential upside of 33.50% from the stock’s previous close.

Several other research analysts have also recently commented on the stock. Wells Fargo & Company boosted their price target on shares of Chesapeake Energy from $100.00 to $105.00 and gave the stock an “equal weight” rating in a report on Thursday, January 16th. Morgan Stanley assumed coverage on Chesapeake Energy in a research note on Friday, January 10th. They issued an “overweight” rating and a $127.00 price target on the stock. Citigroup lifted their price target on Chesapeake Energy from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, January 16th. TD Cowen assumed coverage on Chesapeake Energy in a report on Friday, January 17th. They issued a “hold” rating and a $108.00 price objective on the stock. Finally, Truist Financial boosted their price objective on shares of Chesapeake Energy from $109.00 to $133.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. Five research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $116.65.

Chesapeake Energy Stock Up 1.1 %

Chesapeake Energy stock opened at $98.88 on Thursday. The business’s 50 day simple moving average is $102.81. The firm has a market cap of $22.85 billion, a price-to-earnings ratio of 61.04 and a beta of 0.52. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.00. Chesapeake Energy has a 52-week low of $69.12 and a 52-week high of $109.47.

Chesapeake Energy (NASDAQ:EXE) last released its 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 firm had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Chesapeake Energy had a return on equity of 2.74% and a net margin of 6.07%. On average, equities research analysts anticipate that Chesapeake Energy will post 1.33 earnings per share for the current fiscal 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.