In a report issued on November 11, Biju Perincheril from Susquehanna reiterated a Buy rating on WPX Energy (WPX), with a price target of $22. The company’s shares closed yesterday at $15.02.
According to TipRanks.com, Perincheril is a 4-star analyst with an average return of 8.4% and a 51.6% success rate. Perincheril covers the Basic Materials sector, focusing on stocks such as CNX Resources Corporation, Continental Resources, and Range Resources Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for WPX Energy with a $25.55 average price target, implying a 70.1% upside from current levels. In a report issued on November 1, TD Securities also maintained a Buy rating on the stock with a $24 price target.
.
See today’s analyst top recommended stocks >>
The company has a one-year high of $20.80 and a one-year low of $11.58. Currently, WPX Energy has an average volume of 5.93M.
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.
WPX Energy, Inc. engages in the development and exploration of oil, natural gas liquid, and gas properties. Its basin portfolio includes Delaware, Williston and San Juan. The company was founded on April 19, 2011 and is headquartered in Tulsa, OK.
