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Pioneer Natural Resources (NYSE:PXD) was upgraded by analysts at Howard Weil from a “sector perform” rating to an “outperform” rating in a research report issued to clients and investors on Monday, TheFlyOnTheWall.com reports.

A number of other firms have also recently commented on PXD. Analysts at SunTrust raised their price target on shares of Pioneer Natural Resources from $229.00 to $236.00 in a research note on Wednesday, April 2nd. Separately, analysts at Deutsche Bank raised their price target on shares of Pioneer Natural Resources from $208.00 to $209.00 in a research note on Tuesday, April 1st. They now have a “hold” rating on the stock. Finally, analysts at BMO Capital Markets initiated coverage on shares of Pioneer Natural Resources in a research note on Thursday, March 20th. They set a “market perform” rating and a $190.00 price target on the stock. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $202.52.

Pioneer Natural Resources (NYSE:PXD) opened at 186.27 on Monday. Pioneer Natural Resources has a 52 week low of $109.18 and a 52 week high of $227.42. The stock has a 50-day moving average of $189.5 and a 200-day moving average of $187.. The company’s market cap is $26.621 billion.

Pioneer Natural Resources (NYSE:PXD) last announced its earnings results on Tuesday, February 11th. The company reported $1.00 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.00. The company had revenue of $970.80 million for the quarter, compared to the consensus estimate of $908.89 million. During the same quarter last year, the company posted $0.83 earnings per share. Pioneer Natural Resources’s revenue was up 21.8% compared to the same quarter last year. On average, analysts predict that Pioneer Natural Resources will post $5.16 earnings per share for the current fiscal year.

In other Pioneer Natural Resources news, Director Jim Albert Watson sold 1,000 shares of the stock on the open market in a transaction dated Monday, March 31st. The shares were sold at an average price of $187.16, for a total transaction of $187,160.00. Following the sale, the director now directly owns 7,427 shares in the company, valued at approximately $1,390,037. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Pioneer Natural Resources Company (NYSE:PXD) is an independent oil and gas exploration and production company with operations in the United States and South Africa.

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