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What Are Analysts’ Recommendations for Chesapeake Energy?

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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.

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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.

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