Piper Jaffray Keeps Their Hold Rating on Whiting Petroleum Corp (WLL)


In a report released today, Kashy Harrison from Piper Jaffray maintained a Hold rating on Whiting Petroleum Corp (WLL), with a price target of $12.00. The company’s shares closed last Monday at $7.70, close to its 52-week low of $6.00.

According to TipRanks.com, Harrison has currently no stars on a ranking scale of 0-5 stars, with an average return of -17.9% and a 22.2% success rate. Harrison covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Jagged Peak Energy Inc, and Gulfport Energy Corp.

Whiting Petroleum Corp has an analyst consensus of Moderate Buy, with a price target consensus of $14.19, an 82.4% upside from current levels. In a report issued on September 23, Citigroup also downgraded the stock to Hold with a $10.50 price target.

See today’s analyst top recommended stocks >>

Whiting Petroleum Corp’s market cap is currently $725.8M and has a P/E ratio of 2.92. The company has a Price to Book ratio of 0.17.

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.

Whiting Petroleum Corp. is an independent oil and gas company, which engages in the development, production, acquisition, and exploration of oil and gas properties. It operates in the Rocky Mountains and Permian Basin regions. The company was founded by Kenneth R. Whiting and J. Bert Ladd in January 1980 and is headquartered in Denver, CO.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts