Analysts’ ratings for Chesapeake Energy
Around 61.2% of Wall Street analysts have rated Chesapeake Energy (CHK) stock a “hold.” CHK’s average broker target price of $5.21 implies a potential return of ~35.0% over the next year.
CHK’s high target price is $9. Its low target price is ~$1.50.
Macquarie downgraded CHK from “neutral” to “underperform” in June. Bank of America Merrill Lynch also lowered its rating for CHK from “neutral” to “underperform.” Earlier, in February, UBS (OUBS) upgraded the stock from “sell” to “neutral.”
In the next part, we’ll take a look at the implied volatility trends for Chesapeake Energy stock. For more on CHK’s recent stock performance, read Turnaround or Turn Around? What’s Your Decision on Chesapeake?