Wall Street Recommendations for Chesapeake Energy


Nov. 21 2017, Updated 6:00 p.m. ET

Analysts’ ratings for CHK

Approximately 65.5% of Wall Street analysts have rated Chesapeake Energy (CHK) stock a “hold” while ~10.3% rated it a “buy.”

The average target price of $4.64 for the stock implies a potential return of ~15.4% in the next 12 months.

The highest and lowest target prices for CHK are $8.00 and ~$1.50, respectively.

Article continues below advertisement

Changes in analysts’ ratings this year

In October, Jefferies had downgraded Chesapeake Energy stock to “underperform” from “hold.” In September, Imperial Capital initiated coverage on CHK stock with an “in-line” rating.

In June, Macquarie lowered ratings for Chesapeake Energy to an “underperform” rating.

Earlier in May, Bank of America Merrill Lynch (BAC) also lowered Chesapeake Energy stock to an “underperform” rating.

Initially during the year, in February, UBS upgraded Chesapeake Energy to “neutral” from “sell.”


More From Market Realist

    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.