Stifel Nicolaus analyst Michael Scialla reiterated a Buy rating on Whiting Petroleum Corp (WLL) on November 25 and set a price target of $52. The company’s shares closed yesterday at $29.30.
According to TipRanks.com, Scialla is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -12.9% and a 25.1% success rate. Scialla covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Sanchez Energy Corporation, and Abraxas Petroleum Corp.
Currently, the analyst consensus on Whiting Petroleum Corp is a Moderate Buy with an average price target of $55.42, representing an 89.1% upside. In a report issued on November 12, Credit Suisse also upgraded the stock to Buy with a $50 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 $21.38. Currently, Whiting Petroleum Corp has an average volume of 3.11M.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock.
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.
