Consensus ratings for Chesapeake Energy
About 68.0% of analysts have rated Chesapeake Energy (CHK) stock a “hold.” The average broker target price of $7.64 implies a ~25.2% return over the next 12 months. Chesapeake Energy’s high target price is $11, and its low target price is ~$2.50.
Recent upgrades and downgrades for CHK stock
In December 2016, Mizuho Financial Group initiated coverage on Chesapeake Energy (CHK). The most recent upgrade on CHK stock was in November 2016, when Jefferies upgraded it from “underperform” to “hold.”
Chesapeake’s peer Antero Resources (AR) was also recently upgraded. Raymond James and Piper Jaffray upgraded their ratings on January 3, 2017, and January 13, 2017, respectively. Piper Jaffray upgraded its rating from “neutral” to “overweight,” and Raymond James upgraded its rating from “outperform” to “strong buy.”