What Do Analysts Recommend for Chesapeake Energy?


Aug. 8 2017, Published 9:10 a.m. ET

Analysts’ recommendations

Approximately 64% of the analysts covering Chesapeake Energy (CHK) stock have rated it as a “hold.” The average broker target price of $5.38 implies a potential return of ~19% in the next 12 months.

The high and low target prices provided by analysts for Chesapeake Energy stock were $9 and $1.50, respectively. Chesapeake Energy is part of the First Trust ISE-Revere Natural Gas Index Fund (FCG). FCG invests ~4.4% of its portfolio in the company.

Article continues below advertisement

Recent rating changes

In June 2017, Macquarie downgraded Chesapeake Energy stock to “underperform.” In May, Bank of America downgraded Chesapeake Energy to “underperform.” In February, UBS upgraded Chesapeake Energy to “neutral.”


More From Market Realist