Analysts’ ratings for Chesapeake Energy
Around 64.7% of the Wall Street analysts covering Chesapeake Energy (CHK) have rated it as a “hold.” Approximately 21% of the analysts have rated it as a “buy.”
The average broker target price of $4.77 for the stock implies an ~14% return in the next 12-month period. The highest broker target price provided for Chesapeake Energy stock is $8.00, while the lowest broker target price provided for the stock is ~$1.50.
Recent rating changes
Imperial Capital initiated coverage for Chesapeake Energy stock with an “in-line” rating on September 19, 2017.
In May, Bank of America Merrill Lynch lowered its rating for Chesapeake Energy to “underperform.” Later in June, Macquarie downgraded Chesapeake Energy stock to “underperform.”
Chesapeake Energy was upgraded to “neutral” from a “sell” rating by UBS earlier in February.