Morgan Stanley Keeps a Buy Rating on Whiting Petroleum Corp (WLL)


Morgan Stanley analyst Drew Venker maintained a Buy rating on Whiting Petroleum Corp (NYSE: WLL) today and set a price target of $67. The company’s shares closed yesterday at $42.29.

According to TipRanks.com, Venker is ranked 0 out of 5 stars with an average return of -6.1% and a 32.7% success rate. Venker covers the Basic Materials sector, focusing on stocks such as Continental Resources, Range Resources Corp, and Gulfport Energy Corp.

Whiting Petroleum Corp has an analyst consensus of Moderate Buy, with a price target consensus of $64.89, implying a 53.4% upside from current levels. In a report issued on October 2, Oppenheimer also initiated coverage with a Buy rating on the stock with a $67 price target.

.

See today’s analyst top recommended stocks >>

The company has a one-year high of $56.47 and a one-year low of $18.56. Currently, Whiting Petroleum Corp has an average volume of 2.51M.

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.

Whiting Petroleum Corp. is an independent oil and gas company, which engages in the development, production, acquisition, and exploration of oil and gas properties. It operates in the Rocky Mountains and Permian Basin regions. The company was founded by Kenneth R. Whiting and J. Bert Ladd in January 1980 and is headquartered in Denver, CO.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts