Research analysts at The Goldman Sachs Group began coverage on shares of Chesapeake Energy (NASDAQ:EXE – Get Free Report) in a research report issued on Friday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $121.00 price target on the stock. The Goldman Sachs Group’s price target would suggest a potential upside of 19.09% from the company’s previous close.
A number of other analysts have also recently weighed in on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a $116.00 target price on shares of Chesapeake Energy in a research note on Tuesday, January 14th. Stephens increased their price objective on shares of Chesapeake Energy from $85.00 to $86.00 and gave the company an “equal weight” rating in a report on Wednesday, October 30th. JPMorgan Chase & Co. began coverage on shares of Chesapeake Energy in a report on Thursday, January 16th. They issued an “overweight” rating and a $112.00 price objective on the stock. Citigroup increased their price objective on shares of Chesapeake Energy from $115.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, January 16th. Finally, Benchmark restated a “buy” rating and issued a $93.00 price objective on shares of Chesapeake Energy in a report on Wednesday, January 15th. Five research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Chesapeake Energy currently has an average rating of “Moderate Buy” and an average price target of $114.38.
Get Our Latest Research Report on EXE
Chesapeake Energy Stock Performance
Insider Activity
In other Chesapeake Energy news, Director Catherine A. Kehr sold 43,623 shares of Chesapeake Energy stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $99.58, for a total value of $4,343,978.34. Following the completion of the sale, the director now owns 5,201 shares in the company, valued at $517,915.58. The trade was a 89.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 58.00% of the company’s stock.
About Chesapeake Energy
Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.
Further Reading
- Five stocks we like better than Chesapeake Energy
- Investing in Construction Stocks
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
- What Are Dividend Champions? How to Invest in the Champions
- Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead
- How to Calculate Options Profits
- Beyond Self-Driving Cars: Factory Automation Takes Center Stage
Receive News & Ratings for Chesapeake Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chesapeake Energy and related companies with MarketBeat.com's FREE daily email newsletter.