Mizuho Issues Positive Forecast for Chesapeake Energy (NASDAQ:EXE) Stock Price

Chesapeake Energy (NASDAQ:EXE) had its target price increased by investment analysts at Mizuho from $128.00 to $132.00 in a research report issued to clients and investors on Thursday,Briefing.com Automated Import reports. The brokerage currently has an “outperform” rating on the stock. Mizuho’s price objective suggests a potential upside of 28.87% from the company’s current price.

EXE has been the topic of several other reports. Wells Fargo & Company lifted their target price on shares of Chesapeake Energy from $100.00 to $105.00 and gave the company an “equal weight” rating in a research report on Thursday, January 16th. Barclays upped their price objective on Chesapeake Energy from $94.00 to $113.00 and gave the company an “equal weight” rating in a research note on Thursday, January 30th. Scotiabank upgraded Chesapeake Energy from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from $105.00 to $130.00 in a research report on Friday, January 17th. Citigroup boosted their price target on Chesapeake Energy from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, January 16th. Finally, UBS Group lifted their price objective on Chesapeake Energy from $119.00 to $133.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $116.41.

Chesapeake Energy Stock Down 0.4 %

Chesapeake Energy stock opened at $102.43 on Thursday. The firm has a 50 day moving average price of $102.58. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.00. Chesapeake Energy has a 12 month low of $69.12 and a 12 month high of $109.47. The firm has a market cap of $23.67 billion, a PE ratio of 63.23 and a beta of 0.52.

Chesapeake Energy (NASDAQ:EXE) last issued its earnings results on Wednesday, February 26th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.53 by $0.02. The firm had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Chesapeake Energy had a return on equity of 2.74% and a net margin of 6.07%. On average, analysts expect that Chesapeake Energy will post 1.33 earnings per share for the current fiscal year.

About Chesapeake Energy

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.