In a report released today, Leo Mariani from KeyBanc maintained a Buy rating on Jagged Peak Energy Inc (JAG), with a price target of $9.00. The company’s shares closed last Monday at $6.72, close to its 52-week low of $5.80.
According to TipRanks.com, Mariani has currently no stars on a ranking scale of 0-5 stars, with an average return of -10.7% and a 29.9% success rate. Mariani covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Whiting Petroleum Corp, and Continental Resources.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jagged Peak Energy Inc with a $10.25 average price target.
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The company has a one-year high of $14.26 and a one-year low of $5.80. Currently, Jagged Peak Energy Inc has an average volume of 2.38M.
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Jagged Peak Energy, Inc. operates as an independent oil and natural gas company, which focuses on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. The company was founded in September 2016 and headquartered in Denver, CO.
