Williams Capital Thinks Jagged Peak Energy Inc’s Stock is Going to Recover


Williams Capital analyst Gabriele Sorbara maintained a Buy rating on Jagged Peak Energy Inc (JAG) today and set a price target of $13. The company’s shares closed yesterday at $6.68, close to its 52-week low of $6.09.

According to TipRanks.com, Sorbara ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -14.9% and a 28.6% success rate. Sorbara covers the Basic Materials sector, focusing on stocks such as Gulfport Energy Corp, Extraction Oil & Gas, and Oasis Petroleum Inc.

Currently, the analyst consensus on Jagged Peak Energy Inc is a Moderate Buy with an average price target of $11.60.

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The company has a one-year high of $14.75 and a one-year low of $6.09. Currently, Jagged Peak Energy Inc has an average volume of 1.48M.

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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.

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