KeyBanc Believes SRC Energy Inc (SRCI) Still Has Room to Grow

In a report released today, David Deckelbaum from KeyBanc maintained a Buy rating on SRC Energy Inc (NYSE: SRCI), with a price target of $15. The company’s shares closed yesterday at $12.62, close to its 52-week high of $13.16.

According to TipRanks.com, Deckelbaum is ranked 0 out of 5 stars with an average return of -14.5% and a 35.1% success rate. Deckelbaum covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Gulfport Energy Corp, and Oasis Petroleum Inc.

SRC Energy Inc has an analyst consensus of Moderate Buy, with a price target consensus of $14.

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SRC Energy Inc’s market cap is currently $3.05B and has a P/E ratio of 14.67. The company has a Price to Book ratio of 2.22.

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SRC Energy, Inc. engages in the acquisition, development, and production of oil and natural gas. It focuses in the operation of Wattenberg Field in the Denver-Julesburg Basin. The company was founded on May 11, 2005 and is headquartered in Denver, CO.