Analysts' Ratings Review: Chesapeake Energy Corp (NYSE:CHK)

Owen Stevens
May 16, 2017

Chesapeake Energy Corporation had 65 analyst reports since July 21, 2015 according to SRatingsIntel. Analysts believe that we could see stock price minimum in the $2.75 range (lowest target price), allowing for another 36.14% jump from its current position. Craig Hallum upgraded the stock to "Buy" rating in Friday, September 4 report.

A number of other brokerages have also recently issued reports on CHK. Barclays Capital maintained Chesapeake Energy Corporation (NYSE:CHK) on Friday, January 29 with "Underweight" rating.

Additionally on 3/23/17 Stifel Nicolaus "Initiates Coverage On" Chesapeake Energy Corp (NYSE:CHK) to Buy setting price target at $0 and on 2/24/17 UBS "Upgrades" the stock to Neutral at $0.

Over the last 52 weeks Chesapeake Energy Corporation's stock price has increased by 35.01% from 4.17 to 5.63. FBR & Co restated a "sell" rating on shares of Chesapeake Energy in a research note on Monday. The stock now has an average rating of "Hold" and a consensus price target of $7.35. "(CHK) Reduced by Analyst" was reported by Transcript Daily and is owned by of Transcript Daily. If you are reading this piece of content on another domain, it was illegally stolen and reposted in violation of worldwide copyright and trademark laws. Bessemer Gp Incorporated reported 0% in Chesapeake Energy Corporation (NYSE:CHK).

Chesapeake Energy Corp (NYSE:CHK) shares traded -1.07% down during most recent session to reach at the closing price of $5.57. Recently, the stock has been noticed trading 1.60% away from the 20-day moving average.

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Chesapeake Energy Corp (NYSE:CHK) 52-week high price stands at $8.20 and low price stands at $3.56, its price distance from 52-week high is -32.07% while its distance from 52-week low price is 56.46%. The stock's market capitalization is $4.96 billion. The firm has a 50-day moving average price of $5.67 and a 200 day moving average price of $6.15. Moreover, Benjamin F Edwards And Inc has 0% invested in Chesapeake Energy Corporation (NYSE:CHK). After $2.39 actual earnings per share reported by Snap-on Incorporated for the previous quarter, Wall Street now forecasts 6.69% EPS growth.

Chesapeake Energy Corporation (CHK) is expected to post revenue of $2.31 Billion in the current quarter, according to consensus of 8 analysts. During the same quarter past year, the business posted ($0.10) earnings per share. AQR Capital Management LLC now owns 414,592 shares of the oil and gas exploration company's stock worth $2,463,000 after buying an additional 297,648 shares during the period. Rhumbline Advisers raised its stake in Chesapeake Energy by 10.2% in the third quarter. Hollencrest Securities LLC now owns 17,275 shares of the oil and gas exploration company's stock worth $103,000 after buying an additional 1,000 shares during the last quarter. Skandinaviska Enskilda Banken AB publ raised its position in Chesapeake Energy by 5.2% in the third quarter. Putnam Investments LLC now owns 15,394 shares of the oil and gas exploration company's stock worth $108,000 after buying an additional 1,000 shares in the last quarter. Westwood Holdings Group Inc. increased its stake in shares of Chesapeake Energy by 13.0% in the first quarter. Cleararc Capital Inc. now owns 18,119 shares of the oil and gas exploration company's stock valued at $127,000 after buying an additional 2,117 shares during the period.

In other Chesapeake Energy news, Director Archie W. Dunham bought 500,000 shares of the company's stock in a transaction dated Wednesday, March 8th. The stock was purchased at an average cost of $5.24 per share, with a total value of $2,620,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Bridgeway Capital Management Inc is a Texas-based institutional investor with more than $3.34 billion AUM in March, 2014. Exploration and production is engaged in finding and producing oil, natural gas and NGL.

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