Chesapeake Energy (NASDAQ:EXE) Price Target Raised to $110.00 at Mizuho

Chesapeake Energy (NASDAQ:EXEGet Free Report) had its target price raised by stock analysts at Mizuho from $105.00 to $110.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has an “outperform” rating on the stock. Mizuho’s price objective would indicate a potential upside of 26.58% from the company’s previous close.

A number of other brokerages have also recently issued reports on EXE. Stephens boosted their target price on shares of Chesapeake Energy from $85.00 to $86.00 and gave the company an “equal weight” rating in a research report on Wednesday. Roth Capital raised shares of Chesapeake Energy to a “strong-buy” rating in a report on Friday, September 27th. Citigroup raised their target price on shares of Chesapeake Energy from $90.00 to $97.00 and gave the stock a “buy” rating in a report on Tuesday, October 8th. Bank of America started coverage on Chesapeake Energy in a research note on Monday. They issued a “buy” rating and a $114.00 price target for the company. Finally, UBS Group raised their price objective on Chesapeake Energy from $85.00 to $89.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 8th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $99.20.

Read Our Latest Report on EXE

Chesapeake Energy Stock Down 2.0 %

Chesapeake Energy stock traded down $1.80 during trading hours on Thursday, hitting $86.90. The company had a trading volume of 276,875 shares, compared to its average volume of 2,029,267. The company has a quick ratio of 2.16, a current ratio of 2.16 and a debt-to-equity ratio of 0.19. The stock has a market cap of $11.41 billion, a P/E ratio of 29.36 and a beta of 0.47. Chesapeake Energy has a one year low of $69.12 and a one year high of $93.58.

Chesapeake Energy (NASDAQ:EXEGet Free Report) last announced its earnings results on Monday, July 29th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). The firm had revenue of $378.00 million for the quarter, compared to the consensus estimate of $556.35 million. Chesapeake Energy had a return on equity of 4.00% and a net margin of 8.68%. As a group, analysts expect that Chesapeake Energy will post 1.3 EPS for the current year.

About Chesapeake Energy

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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.

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