Analysts’ recommendations for Chesapeake Energy
Most analysts—approximately 68%—have rated Chesapeake Energy (CHK) as a “hold.” The average broker target price of $7.61 for Chesapeake Energy implies a return of ~34% in the next 12 months.
Analysts’ high and low target prices for Chesapeake Energy are $11 and $2.5, respectively. Chesapeake Energy is part of the Guggenheim S&P 500 Equal Weight Energy ETF (RYE). RYE invests 2% of its portfolio in the company.
Recent upgrades on CHK stock
On February 24, 2017, UBS upgraded its rating for CHK from “sell” to “neutral.” In December 2016, Mizuho initiated coverage on CHK.