Whiting Petroleum Corp. Price Target Raised to $75.00 at Robert W. Baird (WLL)
Robert W. Baird hoisted their price target on shares of Whiting Petroleum Corp. (NYSE:WLL) from $60.00 to $75.00 in a research note issued on Friday, Stock Ratings Network.com reports. The firm currently has an “outperform” rating on the stock. Robert W. Baird’s price target suggests a potential upside of 11.94% from the stock’s previous close.
WLL has been the subject of a number of other recent research reports. Analysts at Susquehanna raised their price target on shares of Whiting Petroleum Corp. from $71.00 to $77.00 in a research note to investors on Wednesday. They now have a “positive” rating on the stock. Separately, analysts at Sterne Agee reiterated a “buy” rating on shares of Whiting Petroleum Corp. in a research note to investors on Wednesday. They now have a $77.00 price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Whiting Petroleum Corp. from $55.00 to $68.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Six research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $67.30.
Shares of Whiting Petroleum Corp. (NYSE:WLL) traded down 0.36% on Friday, hitting $67.00. 2,980,052 shares of the company’s stock traded hands. Whiting Petroleum Corp. has a 52 week low of $40.19 and a 52 week high of $68.11. The stock has a 50-day moving average of $58.01 and a 200-day moving average of $50.42. The company has a market cap of $7.950 billion and a P/E ratio of 20.73.
Whiting Petroleum Corp. (NYSE:WLL) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $1.14 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.74 by $0.40. The company had revenue of $663.60 million for the quarter, compared to the consensus estimate of $580.76 million. During the same quarter last year, the company posted $0.73 earnings per share. Whiting Petroleum Corp.’s revenue was up 32.1% compared to the same quarter last year. Analysts expect that Whiting Petroleum Corp. will post $4.03 EPS for the current fiscal year.
Whiting Petroleum Corporation (NYSE:WLL) is an independent oil and gas company engaged in acquisition, development, exploitation, production and exploration activities primarily in the Rocky Mountains, Permian Basin, Mid-Continent, Michigan and Gulf Coast regions of the United States.
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