Barclays analyst Jeanine Wai maintained a Hold rating on Devon Energy Corp (DVN) yesterday and set a price target of $36. The company’s shares opened today at $31.19.
According to TipRanks.com, Wai is a 1-star analyst with an average return of -3.5% and a 41.8% success rate. Wai covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Jagged Peak Energy Inc, and Continental Resources.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Devon Energy Corp with a $37.17 average price target.
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Devon Energy Corp’s market cap is currently $14.1B and has a P/E ratio of 4.87. The company has a Price to Book ratio of 1.53.
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Devon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. It operates through the following geographical segments: U.S., Canada, and EnLink. It develops and operates Delaware Basin, Eagle Ford, Heavy Oil, Baarnett Shale, STACK, and Rockies Oil.
