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Are Analysts Bullish on Chesapeake in the Near Term?

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What analysts are targeting for Chesapeake

Chesapeake Energy’s (CHK) high target price stands at $9. Its low target price is $3, and its median target price is $6.

Chesapeake’s stock price on August 29, 2016, was $6.44. Compared to its current level, Chesapeake’s consensus target price of $6 indicates a return of around -6.8% over the next 12 months.

In comparison, Chesapeake’s peers EQT (EQT) and Cabot Oil & Gas (COG) have implied returns of 15% and ~14%, respectively, over the next 12 months. All these companies make up ~9% of the Guggenheim S&P 500 Equal Weight Energy ETF (RYE).

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