What Analysts Expect for Oasis Stock in the Next 12 Months


Jul. 20 2018, Updated 7:34 a.m. ET

Analysts’ ratings for Oasis Petroleum

Approximately 69% of the analysts covering Oasis Petroleum (OAS) have rated it as a “buy,” and the remaining 31% have rated it as a “hold.” The average broker target price of $14.83 for Oasis Petroleum implies a return of ~24.41% over the next 12 months.

The highest and lowest target prices from brokers for Oasis Petroleum’s stock are $26 and ~$7, respectively.

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Recent rating changes

On April 23, SunTrust Robinson downgraded the stock from “hold” to “sell.” A few days before, on April 16, SunTrust Robinson upgraded Pioneer Natural Resources (PXD) from “hold” to “buy.” On May 23, Morgan Stanley upgraded OAS stock from “equal weight” to “overweight.”

However, on June 11, Jefferies downgraded OAS stock from “buy” to “hold.” On the same day, Jefferies upgraded both Cimarex Energy (XEC) and Occidental Petroleum (OXY) stock from “hold” to “buy.”


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