Jefferies Keeps Their Hold Rating on EQT Corporation (EQT)


Jefferies analyst Mark Lear reiterated a Hold rating on EQT Corporation (EQT) on December 13 and set a price target of $22. The company’s shares closed on Friday at $19.40.

According to TipRanks.com, Lear is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -12.2% and a 27.5% success rate. Lear covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Jagged Peak Energy Inc, and Whiting Petroleum Corp.

EQT Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $27.20.

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The company has a one-year high of $32.48 and a one-year low of $16.29. Currently, EQT Corporation has an average volume of 7.07M.

Based on the recent corporate insider activity of 51 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 EQT 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.

EQT Corp. engages in natural gas production, gathering, and transmission in the Appalachian area. It operates through the following segments: EQT Production, EQT Gathering, EQT Transmission, RMP Gathering, and RMP Water. The EQT Production segment focuses on the exploration, development and production of natural gas, natural gas liquids and crude oil.

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