Quicksilver Resources Price Target Lowered to $2.50 at Barclays Capital (KWK)

Quicksilver Resources (NYSE: KWK) had its price target lowered by Barclays Capital from $3.00 to $2.50 in a research report sent to investors on Friday morning. The firm currently has an underweight rating on the stock.

A number of other firms have also recently commented on KWK. Analysts at Macquarie downgraded shares of Quicksilver Resources from a neutral rating to an underperform rating in a research note to investors on Friday, January 4th. Analysts at Zacks reiterated a neutral rating on shares of Quicksilver Resources in a research note to investors on Friday, December 21st. They now have a $3.50 price target on the stock.

One research analyst has rated the stock with a buy rating, one has issued an overweight rating, nine have given a hold rating, one has assigned an underweight rating, and three have assigned a sell rating to the company. Quicksilver Resources presently has an average rating of hold and an average price target of $3.65.

Shares of Quicksilver Resources traded up 3.23% during mid-day trading on Friday, hitting $2.24. Quicksilver Resources has a 52 week low of $2.12 and a 52 week high of $6.25. The stock’s 50-day moving average is currently $2.7. The company’s market cap is $380.5 million.

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