Pioneer Natural Resources (NYSE:PXD) was upgraded by investment analysts at Global Hunter Securities to a “buy” rating in a note issued to investors on Tuesday, Analyst Ratings Network.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Topeka Capital Markets reiterated a “hold” rating on shares of Pioneer Natural Resources in a research note to investors on Friday. They now have a $210.00 price target on the stock, down previously from $225.00. Separately, analysts at Raymond James reiterated a “buy” rating on shares of Pioneer Natural Resources in a research note to investors on Saturday, November 23rd. They now have a $225.00 price target on the stock. Finally, analysts at Prime Executions initiated coverage on shares of Pioneer Natural Resources in a research note to investors on Monday, November 25th. They set a “sell” rating and a $155.00 price target on the stock. Two analysts have rated the stock with a sell rating, ten have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. Pioneer Natural Resources has a consensus rating of “Buy” and a consensus target price of $190.54.
Pioneer Natural Resources (NYSE:PXD) opened at 178.11 on Tuesday. Pioneer Natural Resources has a 52-week low of $101.09 and a 52-week high of $227.42. The stock has a 50-day moving average of $197.7 and a 200-day moving average of $173.0. The company has a market cap of $24.698 billion and a P/E ratio of 43.45.
Pioneer Natural Resources (NYSE:PXD) last announced its earnings results on Tuesday, November 5th. The company reported $1.26 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.35 by $0.09. The company had revenue of $826.80 million for the quarter, compared to the consensus estimate of $960.28 million. During the same quarter last year, the company posted $0.82 earnings per share. Pioneer Natural Resources’s revenue was up 34.4% compared to the same quarter last year. On average, analysts predict that Pioneer Natural Resources will post $4.69 earnings per share for the current fiscal year.
Pioneer Natural Resources Company (NYSE:PXD) is an independent oil and gas exploration and production company with operations in the United States and South Africa.
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