In a report issued on August 10, Dan McSpirit from BMO Capital reiterated a Buy rating on Jagged Peak Energy Inc (NYSEArca: JAG), with a price target of $16. The company’s shares closed on Friday at $14.35.
According to TipRanks.com, McSpirit is a 3-star analyst with an average return of 3.6% and a 51.1% success rate. McSpirit covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Wildhorse Resource Development Corp, and HighPoint Resources Corporation.
Jagged Peak Energy Inc has an analyst consensus of Moderate Buy, with a price target consensus of $16, which is an 11.5% upside from current levels. In a report issued on August 10, Stifel Nicolaus also maintained a Buy rating on the stock with a $19 price target.
.
See today’s analyst top recommended stocks >>
The company has a one-year high of $16.55 and a one-year low of $10.55. Currently, Jagged Peak Energy Inc has an average volume of 1.41M.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of JAG in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
