How Analysts Feel about Whiting Petroleum Today
By Keisha BandzOct. 3 2017, Updated 5:06 p.m. ET
Analyst ratings for WLL
Approximately 22% of the analysts tracking Whiting Petroleum (WLL) have given the stock a “strong buy” recommendation, while ~14% of the analysts have given it a “buy” recommendation. Around 56% of the analysts have given it a “hold” rating.
The average broker target price of $7.69 for WLL implies a return of ~41% over the next 12 months. The highest and lowest target prices provided for WLL came in at $15.00 and $3.50, respectively.
WLL stock’s recent upgrades and downgrades
On September 28, Imperial Capital initiated coverage on WLL stock with an “in-line” rating. On September 13, Morgan Stanley downgraded Whiting stock to “underweight” from “equal weight.”
In June 2017, both Seaport Global Securities and Macquarie lowered their ratings for Whiting Petroleum stock to “sell” and “neutral,” respectively. In February 2017, Credit Suisse downgraded the stock to “neutral” from “outperform.”
Continue to the next and final part of this series for an analysis of the short interest in Whiting Petroleum (WLL) stock.
