Williams Capital analyst Gabriele Sorbara reiterated a Buy rating on Extraction Oil & Gas (XOG) today and set a price target of $8. The company’s shares closed yesterday at $3.37, close to its 52-week low of $3.14.
According to TipRanks.com, Sorbara ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -15.3% and a 26.9% success rate. Sorbara covers the Basic Materials sector, focusing on stocks such as Jagged Peak Energy Inc, Gulfport Energy Corp, and Oasis Petroleum Inc.
Extraction Oil & Gas has an analyst consensus of Moderate Buy, with a price target consensus of $8.
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The company has a one-year high of $15.56 and a one-year low of $3.14. Currently, Extraction Oil & Gas has an average volume of 4.74M.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock.
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Extraction Oil & Gas, Inc. operates as an independent oil and gas company, which focuses on the acquisition, development and production of oil, natural gas and NGL reserves. The company was founded by Mark A. Erickson, Matthew Owens and Jesse Silva in December 2012 and is headquartered in Denver, CO.
