Jefferies Reiterates Their Hold Rating on Jagged Peak Energy Inc (JAG)


In a report issued on December 13, Mark Lear from Jefferies reiterated a Hold rating on Jagged Peak Energy Inc (JAG), with a price target of $11. The company’s shares closed on Friday at $9.82, close to its 52-week low of $9.81.

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, 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 $16 average price target.

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The company has a one-year high of $16.55 and a one-year low of $9.81. Currently, Jagged Peak Energy Inc has an average volume of 1.18M.

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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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