What Analysts Recommend for EQT after 2Q16 Earnings
Consensus rating for EQT
Approximately 65% of analysts rate EQT (EQT) a “buy,” and 30% rate it a “hold.” The remaining 5% rate it a “sell.” The average broker target price of $84.50 for EQT implies a return of around ~16% in the next 12 months. Upstream peers Cabot Oil and Gas (COG) and Chesapeake Energy (CHK) have implied returns of 16%, and -11%, respectively, in the next 12 months.
High, low, and median analyst target prices for EQT are $95, $85, and $75, respectively. EQT is a component of the SPDR S&P North American Natural Resources ETF (NANR). The NANR ETF invests ~0.55% of its portfolio in the company.