BMO Capital Sticks to Its Buy Rating for Jagged Peak Energy Inc (JAG)


In a report released today, Phillip Jungwirth from BMO Capital reiterated a Buy rating on Jagged Peak Energy Inc (JAG), with a price target of $13. The company’s shares opened today at $9.90.

According to TipRanks.com, Jungwirth is a 1-star analyst with an average return of -3.3% and a 40.5% success rate. Jungwirth covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Whiting Petroleum Corp, and Continental Resources.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jagged Peak Energy Inc with a $15 average price target, a 51.5% upside from current levels. In a report released today, Susquehanna also reiterated a Buy rating on the stock with a $14 price target.

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The company has a one-year high of $16.50 and a one-year low of $8.47. Currently, Jagged Peak Energy Inc has an average volume of 1.14M.

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Jagged Peak Energy, Inc. operates as an independent oil and natural gas company. It focuses on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. Jagged Peak Energy was founded in September 2016 and headquartered in Denver, CO.

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