.png "PDC Energy (NASDAQ: PDCE)")
In a report released yesterday, Tim Rezvan from Oppenheimer maintained a Hold rating on PDC Energy (PDCE). The company’s shares closed yesterday at $46.21.
According to TipRanks.com, Rezvan is a 3-star analyst with an average return of 1.9% and a 50.0% success rate. Rezvan covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Gulfport Energy Corp, and Oasis Petroleum Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PDC Energy with a $71.83 average price target.
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The company has a one-year high of $66.20 and a one-year low of $40.62. Currently, PDC Energy has an average volume of 1.15M.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock.
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PDC Energy, Inc. engages in the exploration and production of oil and natural gas. It acquires, explores, and develops properties for the production of crude oil, natural gas, and natural gas liquids. Its primary operations are located in the Wattenberg Field in Colorado and the Delaware Basin in Texas.
