Whiting Petroleum Corp. PT Raised to $78.00 (WLL)
Jefferies Group raised their price objective on shares of Whiting Petroleum Corp. (NYSE:WLL) to $78.00 in a research note issued on Wednesday, American Banking News reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s target price would indicate a potential upside of 22.05% from the company’s current price.
A number of other analysts have also recently weighed in on WLL. Analysts at Barclays raised their price target on shares of Whiting Petroleum Corp. from $66.00 to $76.00 in a research note to investors on Monday. They now have an “overweight” rating on the stock. Separately, analysts at Imperial Capital raised their price target on shares of Whiting Petroleum Corp. from $54.00 to $68.00 in a research note to investors on Monday. They now have an “in-line” rating on the stock. Finally, analysts at Robert W. Baird raised their price target on shares of Whiting Petroleum Corp. from $60.00 to $75.00 in a research note to investors on Friday, October 18th. They now have an “outperform” rating on the stock. Six analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. Whiting Petroleum Corp. presently has a consensus rating of “Buy” and a consensus price target of $68.95.
Whiting Petroleum Corp. (NYSE:WLL) traded down 1.80% during mid-day trading on Wednesday, hitting $62.76. 2,611,945 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 $55.36. The stock’s 50-day moving average is $51.19 and its 200-day moving average is $48.55. The company has a market cap of $7.447 billion and a price-to-earnings ratio of 19.71.
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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