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Kodiak Oil & Gas Corp. (NYSE:KOG) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a note issued to investors on Tuesday, American Banking News.com reports. The firm currently has a $11.90 price objective on the stock. Zacks‘ target price points to a potential upside of 2.32% from the stock’s previous close.

Kodiak Oil & Gas Corp. (NYSE:KOG) traded up 3.18% during mid-day trading on Tuesday, hitting $12.00. 4,567,242 shares of the company’s stock traded hands. Kodiak Oil & Gas Corp. has a 52-week low of $7.27 and a 52-week high of $9.97. The stock has a 50-day moving average of $8.92 and a 200-day moving average of $8.81. The company has a market cap of $3.192 billion and a P/E ratio of 24.33.

KOG has been the subject of a number of other recent research reports. Analysts at Global Hunter Securities cut their price target on shares of Kodiak Oil & Gas Corp. from $16.00 to $14.00 in a research note on Thursday, February 13th. Separately, analysts at Robert W. Baird raised their price target on shares of Kodiak Oil & Gas Corp. from $15.00 to $16.00 in a research note on Wednesday, February 12th. Finally, 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. Eight analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $13.85.

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.

To view Zacks’ full report, visit www.zacks.com

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