Chesapeake Energy (NASDAQ:EXE) Given New $110.00 Price Target at Mizuho

Chesapeake Energy (NASDAQ:EXE) had its price objective raised by stock analysts at Mizuho from $105.00 to $110.00 in a report issued on Thursday, Benzinga reports. The firm currently has an “outperform” rating on the stock. Mizuho’s target price indicates a potential upside of 26.58% from the stock’s current price.

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

Chesapeake Energy Stock Down 2.0 %

Shares of NASDAQ:EXE traded down $1.80 during trading on Thursday, hitting $86.90. 276,875 shares of the company were exchanged, compared to its average volume of 2,029,267. Chesapeake Energy has a 1-year low of $69.12 and a 1-year high of $93.58. The company has a market capitalization of $11.41 billion, a PE ratio of 29.36 and a beta of 0.47. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.16 and a current ratio of 2.16.

Chesapeake Energy (NASDAQ:EXE) last issued its earnings results on Monday, July 29th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Chesapeake Energy had a return on equity of 4.00% and a net margin of 8.68%. The firm had revenue of $378.00 million during the quarter, compared to analyst estimates of $556.35 million. On average, equities analysts predict that Chesapeake Energy will post 1.3 EPS for the current fiscal year.

Chesapeake Energy Company Profile

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.