What Are Wall Street Analysts Recommending for EQT?



Analyst recommendations for EQT

Approximately 61% of analysts have rated EQT (EQT) a “buy.” The remaining 39% have rated the stock a “hold.” The average broker target price of $68.88 for EQT implies a potential return of ~24% in the next 12 months. In comparison, Cabot Oil & Gas (COG) has a potential return of 18% over the next 12 months, Antero Resources (AR) has a potential return of 15.29% over the next 12 months, and Noble Energy (NBL) has a potential return of 29.61% in the same period. Chesapeake Energy (CHK) has implied returns of -12.84% over the next 12 months.

The highest and lowest target prices for EQT stock are $86 and $53, respectively.

Analysts’ expectations for the second quarter

For the second quarter, analysts have projected an average earnings estimate of $0.48 per share for EQT. The low estimate stands at $0.17 per share, while the high estimate stands at $0.90 per share. The average revenue estimate for EQT is ~$1.22 billion for the second quarter with the low revenue estimate standing at ~$1.09 billion, and the high revenue estimate coming in at ~$1.45 billion.

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