In a report released today, Thomas Hughes from Jefferies reiterated a Buy rating on WPX Energy (WPX), with a price target of $23. The company’s shares opened today at $12.43.
According to TipRanks.com, Hughes is ranked #4764 out of 5152 analysts.
Currently, the analyst consensus on WPX Energy is a Strong Buy with an average price target of $18.55, which is a 49.2% upside from current levels. In a report issued on February 4, Barclays also maintained a Buy rating on the stock with a $19 price target.
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The company has a one-year high of $20.80 and a one-year low of $9.89. Currently, WPX Energy has an average volume of 7.58M.
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WPX Energy, Inc. engages in the development and exploration of oil, natural gas liquid, and gas properties. Its basin portfolio includes Delaware, Williston and San Juan. The company was founded on April 19, 2011 and is headquartered in Tulsa, OK.
