RBC Capital Reiterates Their Buy Rating on EQT Corporation (EQT)


In a report released yesterday, Scott Hanold from RBC Capital reiterated a Buy rating on EQT Corporation (NYSE: EQT), with a price target of $71. The company’s shares opened today at $48.43.

According to TipRanks.com, Hanold is a 1-star analyst with an average return of -0.9% and a 44.4% success rate. Hanold covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Contango Oil & Gas Company, and Sanchez Energy Corporation.

EQT Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $62.50.

See today’s analyst top recommended stocks >>

EQT Corporation’s market cap is currently $12.94B and has a P/E ratio of 1212.25. The company has a Price to Book ratio of 1.11.

Based on the recent corporate insider activity of 43 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 EQT 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.

EQT Corp. engages in natural gas production, gathering, and transmission in the Appalachian area. It operates through the following segments: EQT Production, EQT Gathering, EQT Transmission, RMP Gathering, and RMP Water. The EQT Production segment focuses on the exploration, development and production of natural gas, natural gas liquids and crude oil.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts