According to TipRanks.com, Rezvan is a 1-star analyst with an average return of -4.0% and a 43.8% success rate. Rezvan covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Par Pacific Holdings, and Southwestern Energy.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Diamondback with a $146.18 average price target, a 45.5% upside from current levels. In a report issued on August 7, Williams Capital also reiterated a Buy rating on the stock with a $165 price target.
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The company has a one-year high of $140.78 and a one-year low of $85.19. Currently, Diamondback has an average volume of 1.61M.
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FANG in relation to earlier this year.
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Diamondback Energy, Inc. is independent oil and natural gas company. The firm engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil, and natural gas reserves. It focuses on the Permian Basin. The company was founded in December 2007 and is headquartered in Midland, TX.