What Analysts Recommend for Chesapeake Energy

Approximately 65.5% of the analysts covering Chesapeake Energy (CHK) stock have rated it as a “hold.” The average target price of $4.64 implies a potential return of ~27% in the next 12 months.

The high and low target prices provided by analysts for Chesapeake Energy stock were $8 and $1.50, respectively.

Chesapeake Energy received a downgrade from Jefferies on October 10. It downgraded the stock to “underperform” from “hold.”

On September 19, Imperial Capital initiated coverage for CHK stock with an “in-line” rating.

Earlier in June this year, Macquarie lowered its rating for CHK stock, giving it an “underperform” rating. A month ago, Bank of America had lowered Chesapeake Energy’s ratings to “underperform.” In February, UBS upgraded Chesapeake Energy to “neutral.”