In a report released today, Gabriele Sorbara from Williams Capital maintained a Buy rating on Laredo Petroleum (LPI), with a price target of $4.50. The company’s shares closed last Monday at $2.48.
According to TipRanks.com, Sorbara has 0 stars on 0-5 star ranking scale with an average return of -18.1% and a 27.2% success rate. Sorbara covers the Basic Materials sector, focusing on stocks such as Extraction Oil & Gas, Jagged Peak Energy, and Carrizo Oil & Gas.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Laredo Petroleum with a $4.00 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $4.47 and a one-year low of $2.03. Currently, Laredo Petroleum has an average volume of 5.16M.
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.
