Analysts’ targets for Chesapeake Energy
Let’s take a look at the high, low, average, and median analyst target prices for Chesapeake Energy (CHK). Chesapeake Energy’s high target price stands at $8.00. Its low target price is $1.00, and its median target price is $4.75.
Chesapeake Energy’s stock price on July 25, 2016, was $5.14. Considering its current level, Chesapeake Energy’s consensus target price of $4.75 indicates a return of approximately -8% over the next 12 months.
In comparison, Chesapeake Energy’s peers Noble Energy (NBL) and EQT (EQT) have an implied returns of 28% and ~15%, respectively, over the next 12 months. These companies make up 6.2% of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP).