Gabriele Sorbara analyst at Siebert Williams Shank & Co reiterates coverage on Chesapeake Energy (CHK) stock in the Utilities sector with a Buy rating. TipRanks.com has Sorbara rated as a 4.7 star analyst with a 45% return on investment and a 12.3% success rate. Sorbara has set a price target of $ 135.
TipRanks.com reports that Chesapeake Energy stock currently has 6 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for CHK's stock is $116.50. The target pricing ranges from a high forecast of $135.00 down to a low forecast of $102.00. Chesapeake Energy (CHK)’s stock last closing price was $82.79 which would put the average price target at 40.72% upside.
In addition, TradingView issued a Sell rating for CHK's stock over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on CHK stock.
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This article was pulled from energystockmovers.com as they are an authority in the Energy Sector.
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