Analysts’ Recommendations for Chesapeake Energy Stock

Around 65.5% of the Wall Street analysts covering Chesapeake Energy (CHK) rated it as a “hold,” while ~17.2% of the analysts rated it as a “buy.”

The average broker target price of $4.64 for the stock implies a potential return of ~26.4% in the next 12 months.

The highest broker target price provided for Chesapeake Energy stock is $8.00, while the lowest target price is ~$1.50.

On October 10, Jefferies downgraded Chesapeake Energy stock to “underperform” from “hold.”

In June, Chesapeake Energy received a downgrade from Macquarie. It downgraded Chesapeake Energy stock to “underperform.”

Bank of America Merrill Lynch (BAC) also lowered its rating for Chesapeake Energy stock to “underperform” earlier in May.

In February, UBS upgraded Chesapeake Energy to “neutral” from “sell.”