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How Did Newfield Exploration’s Stock Do after Its 3Q16 Earnings?

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Part 6
How Did Newfield Exploration’s Stock Do after Its 3Q16 Earnings? PART 6 OF 6

What Do Analysts Recommend for NFX after Its 3Q16 Earnings?

Consensus ratings for Newfield Exploration

Approximately 71% of analysts rate Newfield Exploration (NFX) as a “buy” and 29% rate it as a “hold.” The average broker target price of $52.52 for NFX implies a return of ~34% in the next 12 months.

What Do Analysts Recommend for NFX after Its 3Q16 Earnings?

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High, low, and median analyst target prices for Newfield Exploration are $69, $40, and $52, respectively. NFX is a component of the iShares Global Energy ETF (IXC). The IXC ETF invests 0.30% of its portfolio in the company.

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