Robert W. Baird Increases Kodiak Oil & Gas Corp. Price Target to $16.00 (KOG)
Research analysts at Robert W. Baird upped their target price on shares of Kodiak Oil & Gas Corp. (NYSE:KOG) from $15.00 to $16.00 in a report released on Wednesday, Stock Ratings Network.com reports. Robert W. Baird’s price objective points to a potential upside of 39.56% from the stock’s previous close.
KOG has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of Kodiak Oil & Gas Corp. from a “neutral” rating to an “underperform” rating in a research note on Monday, January 6th. They now have a $10.20 price target on the stock. Separately, analysts at Imperial Capital cut their price target on shares of Kodiak Oil & Gas Corp. from $13.00 to $12.00 in a research note on Friday, January 3rd. They now have an “in-line” rating on the stock. Finally, analysts at Deutsche Bank downgraded shares of Kodiak Oil & Gas Corp. to a “hold” rating in a research note on Monday, December 9th. They now have a $12.00 price target on the stock, down previously from $13.00. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. Kodiak Oil & Gas Corp. presently has an average rating of “Hold” and an average target price of $13.87.
Shares of Kodiak Oil & Gas Corp. (NYSE:KOG) traded up 1.67% on Wednesday, hitting $11.54. 1,775,260 shares of the company’s stock traded hands. Kodiak Oil & Gas Corp. has a one year low of $7.27 and a one year high of $9.97. The stock’s 50-day moving average is $8.92 and its 200-day moving average is $8.81. The company has a market cap of $3.070 billion and a price-to-earnings ratio of 23.74.
Kodiak Oil & Gas Corp. (NYSE:KOG) is an independent energy company focused on the exploration, exploitation, acquisition and production of crude oil and natural gas in the United States.
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