Pioneer Natural Resources (NYSE: PXD) had its target price cut by Barclays Capital from $121.00 to $118.00 in a report issued on Monday. They currently have an equal weight rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Oracle Investment Research downgraded shares of Pioneer Natural Resources from a buy rating to a hold rating in a research note to investors on Wednesday, February 20th. Separately, analysts at FBR Capital reiterated an outperform rating on shares of Pioneer Natural Resources in a research note to investors on Tuesday, February 19th. Finally, analysts at TheStreet reiterated a buy rating on shares of Pioneer Natural Resources in a research note to investors on Tuesday, February 19th.
Seventeen equities research analysts have rated the stock with a buy rating, five have assigned an overweight rating, ten have assigned a hold rating, and two have issued a sell rating to the company. The stock currently has an average rating of overweight and an average target price of $135.67.
Pioneer Natural Resources traded up 1.57% on Monday, hitting $126.23. Pioneer Natural Resources has a 52-week low of $77.41 and a 52-week high of $133.68. The stock’s 50-day moving average is currently $119.. The company has a market cap of $15.572 billion and a price-to-earnings ratio of 82.85.
The company also recently declared a semiannual dividend, which is scheduled for Thursday, April 11th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.04 per share. This represents a yield of 0.06%. The ex-dividend date of this dividend is Tuesday, March 26th.
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