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After NFX’s Q2 Report, What Do Analysts Recommend?

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Consensus rating for Newfield Exploration

Approximately 83% of analysts rate Newfield Exploration (NFX) a “buy,” and 17% rate it a “hold.” The average broker target price of $49.56 for NFX implies a return of around ~11% in the next 12 months. Upstream peers Anadarko Petroleum (APC) and Apache (APA) have implied returns of ~27% and 10.4%, respectively, in the next 12 months.

High, low, and median analyst target prices for Newfield Exploration are $65, $35, and $50, 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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