What analysts are targeting for Whiting Petroleum
Let’s take a look now at analysts’ high, low, average, and median target prices for Whiting Petroleum (WLL). WLL’s high target price stands at $29. Its low target price is $4.60, and its median target price is $13.
Whiting Petroleum’s stock price on July 19, 2016, was $8.71. Compared to its current level, the company’s consensus target price of $13 indicates a return of ~49% over the next 12 months.
In comparison, Whiting Petroleum’s peer Oasis Petroleum (OAS) has an implied return of 29% over the next 12 months from median analyst targets. These companies make up 4% of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP).