Chesapeake Energy Corp. Sets New 1-Year High at $29.06 (CHK)
Chesapeake Energy Corp. (NYSE:CHK) set a new 52-week high during trading hours on Monday, Stock Ratings News reports. The company traded as high as $29.06 and last traded at $28.87, with a volume of 9,113,155 shares. The stock had previously closed at $28.00.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. upgraded shares of Chesapeake Energy Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, October 24th. Separately, analysts at Wunderlich raised their price target on shares of Chesapeake Energy Corp. from $30.00 to $34.00 in a research note to investors on Wednesday, October 23rd. Finally, analysts at Capital One Financial Corp. downgraded shares of Chesapeake Energy Corp. from an “add” rating to a “neutral” rating in a research note to investors on Tuesday, October 22nd. Two analysts have rated the stock with a sell rating, nineteen have given a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $24.57.
Chesapeake Energy Corp. has a 52-week low of $16.23 and a 52-week high of $28.71. The stock’s 50-day moving average is $27.01 and its 200-day moving average is $23.39. The company’s market cap is $18.720 billion.
Chesapeake Energy Corporation (NYSE:CHK) is a natural gas and oil exploration and production company.
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