In a report issued on August 19, Gabriele Sorbara from Williams Capital maintained a Buy rating on Jagged Peak Energy Inc (JAG), with a price target of $11. The company’s shares closed last Monday at $6.99, close to its 52-week low of $5.80.
According to TipRanks.com, Sorbara is ranked 0 out of 5 stars with an average return of -14.9% and a 29.3% success rate. Sorbara covers the Basic Materials sector, focusing on stocks such as Gulfport Energy Corp, Extraction Oil & Gas, and Oasis Petroleum Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jagged Peak Energy Inc with a $10.86 average price target, implying a 55.1% upside from current levels. In a report issued on August 16, Piper Jaffray also maintained a Buy rating on the stock with a $10 price target.
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The company has a one-year high of $14.75 and a one-year low of $5.80. Currently, Jagged Peak Energy Inc has an average volume of 1.56M.
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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.
