Oppenheimer Sticks to Its Hold Rating for Gulfport Energy Corp (GPOR)


In a report released yesterday, Tim Rezvan from Oppenheimer maintained a Hold rating on Gulfport Energy Corp (GPOR). The company’s shares closed yesterday at $6.32, close to its 52-week low of $6.18.

According to TipRanks.com, Rezvan is a 2-star analyst with an average return of 0.2% and a 46.5% success rate. Rezvan covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Occidental Petroleum, and Par Pacific Holdings.

The word on The Street in general, suggests a Hold analyst consensus rating for Gulfport Energy Corp with a $9.20 average price target.

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The company has a one-year high of $13.41 and a one-year low of $6.18. Currently, Gulfport Energy Corp has an average volume of 3.51M.

Based on the recent corporate insider activity of 28 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 GPOR 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.

Gulfport Energy Corp. is an independent oil natural gas exploration and production company. The company focuses on the exploration, exploitation, acquisition and production of natural gas, natural gas liquids, and crude oil in the United States. Its principal producing properties located along the Louisiana Gulf Coast.

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