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Wolfe Research Analyst Reiterates Buy Rating on Chesapeake Energy, CHK


Josh Silverstein
analyst at Wolfe Research reiterates coverage on Chesapeake Energy (CHK) in the Utilities sector with a Buy rating. TipRanks.com has Silverstein rated as a 4.4 star analyst with a 60% return on investment and a 11.9% success rate. Silverstein has set a price target of $ 111.

TipRanks.com reports that Chesapeake Energy currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $100.88. The target pricing ranges from a high forecast of $120.00 down to a low forecast of $90.00. Chesapeake Energy (CHK)’s last closing price was $88.66 which would put the average price target at 13.78% upside.

In addition, TradingView issued a Buy rating for CHK over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on CHK.

Other analysts covering CHK include:
  • Zach Parham of J.P. Morgan issued a Buy rating with the price target of $ 120 on 5 days ago
  • Nitin Kumar CFA of Wells Fargo issued a Buy rating with the price target of $ 98 on 3 weeks ago
  • Scott Hanold of RBC Capital issued a Buy rating with the price target of $ 98 on 4 weeks ago
  • Gabriele Sorbara of Siebert Williams Shank & Co issued a Buy rating with the price target of $ 92 on 1 month ago
If you are interest in stocks like CHK or stocks in the Utilities sector, please click here.

TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

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