Northland Securities started coverage on shares of Midstates Petroleum Co. (NYSE:MPO) in a research note released on Tuesday morning, TheFlyOnTheWall.com reports. The firm issued an outperform rating and a $9.00 target price on the stock.
A number of other analysts have also recently weighed in on MPO. Analysts at Northland Capital Partners initiated coverage on shares of Midstates Petroleum Co. in a research note to investors on Tuesday. They set an outperform rating and a $9.00 price target on the stock. Separately, analysts at RBC Capital cut their price target on shares of Midstates Petroleum Co. from $8.00 to $7.00 in a research note to investors on Thursday, August 8th. Finally, analysts at Canaccord Genuity cut their price target on shares of Midstates Petroleum Co. from $8.00 to $7.00 in a research note to investors on Wednesday, August 7th.
One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of $9.61.
Shares of Midstates Petroleum Co. (NYSE:MPO) opened at 4.78 on Tuesday. Midstates Petroleum Co. has a one year low of $4.26 and a one year high of $9.23. The stock has a 50-day moving average of $5.34 and a 200-day moving average of $6.39. The company’s market cap is $314.6 million.
Midstates Petroleum Company, Inc is an independent exploration and production company. The Company’s areas of operation include Pine Prairie, South Bearhead Creek/Oretta, West Gordon and North Cowards Gully.
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