In a report released today, Gabriele Sorbara from Williams Capital maintained a Buy rating on Gulfport Energy Corp (GPOR), with a price target of $14. The company’s shares opened today at $7.28, close to its 52-week low of $6.18.
According to TipRanks.com, Sorbara has 0 stars on 0-5 star ranking scale with an average return of -11.0% and a 32.0% success rate. Sorbara covers the Basic Materials sector, focusing on stocks such as Extraction Oil & Gas, Oasis Petroleum Inc, and Carrizo Oil & Gas.
Currently, the analyst consensus on Gulfport Energy Corp is a Moderate Buy with an average price target of $12.03.
See today’s analyst top recommended stocks >>
Based on Gulfport Energy Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $95.15 million. In comparison, last year the company had a net profit of $157 million.
Based on the recent corporate insider activity of 31 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. It 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.
