Chesapeake Energy Corporation (NASDAQ:EXE) Receives $115.59 Average Price Target from Analysts

Chesapeake Energy Corporation (NASDAQ:EXE) has received a consensus rating of “Moderate Buy” from the eighteen brokerages that are covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $115.59.

A number of research analysts have weighed in on EXE shares. Piper Sandler assumed coverage on shares of Chesapeake Energy in a research note on Tuesday, January 28th. They issued a “neutral” rating and a $96.00 target price on the stock. Truist Financial lifted their price objective on Chesapeake Energy from $109.00 to $133.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. Raymond James assumed coverage on Chesapeake Energy in a report on Tuesday, February 4th. They issued a “strong-buy” rating and a $135.00 target price for the company. Mizuho lifted their price target on Chesapeake Energy from $110.00 to $128.00 and gave the stock an “outperform” rating in a report on Monday, December 16th. Finally, UBS Group raised shares of Chesapeake Energy from a “neutral” rating to a “buy” rating and boosted their price target for the company from $94.00 to $123.00 in a research report on Monday, December 9th.

Chesapeake Energy Trading Down 1.7 %

NASDAQ:EXE opened at $104.01 on Friday. The stock has a market capitalization of $24.04 billion, a P/E ratio of 64.20 and a beta of 0.52. Chesapeake Energy has a twelve month low of $69.12 and a twelve month high of $109.47. The stock has a 50-day simple moving average of $101.09. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 0.20.

Insider Transactions at Chesapeake Energy

In other Chesapeake Energy news, Director Catherine A. Kehr sold 43,623 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $99.58, for a total transaction of $4,343,978.34. Following the sale, the director now directly owns 5,201 shares in the company, valued at $517,915.58. This represents a 89.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 58.00% of the company’s stock.

Chesapeake Energy Company Profile

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.