What Analysts Recommend for Whiting Petroleum



Consensus ratings for Whiting Petroleum

Approximately 38.5% of the analysts covering Whiting Petroleum (WLL) stock have rated it a “buy,” while ~56.4% have rated it a “hold.” The average broker target price of $14.09 implies a return of ~54.5% over the next 12 months.

Whiting Petroleum’s high target price is $19, and its low target price is ~$9.70.

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Analysts’ recent upgrades and downgrades

On December 1, 2016, Stifel upgraded its rating for Whiting Petroleum from a “hold” to a “buy.” Now let’s look at one of WLL’s peers, Continental Resources (CLR). CLR was recently downgraded by Deutsche Bank, JPMorgan (JPM), and KLR Group. On December 8, 2016, Deutsche Bank (DB) downgraded Continental Resources from a “buy” to a “hold.” That same day, JPMorgan downgraded Continental Resources from “overweight” to “neutral.” KLR Group downgraded it from “accumulate” to “hold” on December 5, 2016.


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