Macquarie lowered shares of Pioneer Natural Resources (NYSE: PXD) from an outperform rating to a neutral rating in a research note released on Thursday.
Pioneer Natural Resources traded up 0.39% on Thursday, hitting $130.56. Pioneer Natural Resources has a 1-year low of $77.41 and a 1-year high of $133.68. The stock’s 50-day moving average is currently $116.8. The company has a market cap of $16.106 billion and a price-to-earnings ratio of 86.70.
A number of other firms have also recently commented on PXD. Analysts at Credit Suisse initiated coverage on shares of Pioneer Natural Resources in a research note to investors on Tuesday, February 12th. They set an outperform rating and a $150.00 price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Pioneer Natural Resources from $111.00 to $125.00 in a research note to investors on Thursday, January 31st. They now have a hold rating on the stock. Finally, analysts at Stephens reiterated an overweight rating on shares of Pioneer Natural Resources in a research note to investors on Thursday, January 31st. They now have a $125.00 price target on the stock.
Fourteen equities research analysts have rated the stock with a buy rating, five have issued an overweight rating, eleven have assigned a hold rating, and two have assigned a sell rating to the stock. Pioneer Natural Resources has a consensus rating of overweight and an average target price of $132.02.
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