What Wall Street Says about Oasis Petroleum Stock
Approximately 39.4% of Wall Street analysts rated Oasis Petroleum (OAS) as a “buy, ” and 27.3% rated it as a “strong buy.” Around 33.3% of analysts rated Oasis Petroleum as a “hold.”
The company’s average broker target price is $12.46, which implies a return of ~16% over the next 12 months.
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The highest and lowest target prices for Oasis Petroleum are $22 and $7, respectively.
Recent upgrades and downgrades
On November 3, Evercore ISI Group upgraded OAS stock from “in-line” to “outperform.” Back in October, Goldman Sachs increased its ratings for OAS stock from “sell” to “neutral.”
On July 18, Deutsche Bank downgraded OAS to a “hold.” Williams Capital upgraded Oasis Petroleum to a “buy” on the same day. In June, Seaport Global downgraded Oasis Petroleum to “neutral” while UBS upgraded OAS to a “buy.”
To learn more about Oasis Petroleum, see What Factors Are Likely to Steer Oasis Stock in 2017.