Robert W. Baird Increases Halcon Resources Corp Price Target to $7.00 (HK)
Stock analysts at Robert W. Baird boosted their price objective on shares of Halcon Resources Corp (NASDAQ:HK) from $5.00 to $7.00 in a report issued on Friday, Stock Ratings Network.com reports. Robert W. Baird’s price target points to a potential upside of 20.90% from the stock’s previous close.
Shares of Halcon Resources Corp (NASDAQ:HK) traded up 1.76% on Friday, hitting $5.79. The stock had a trading volume of 3,582,835 shares. Halcon Resources Corp has a 1-year low of $3.16 and a 1-year high of $6.44. The stock has a 50-day moving average of $5.13 and a 200-day moving average of $4.22. The company’s market cap is $2.435 billion.
Several other analysts have also recently commented on the stock. Analysts at KLR Group raised their price target on shares of Halcon Resources Corp from $0.25 to $3.50 in a research note on Tuesday. Separately, analysts at RBC Capital raised their price target on shares of Halcon Resources Corp from $3.50 to $4.50 in a research note on Friday, May 9th. Finally, analysts at Canaccord Genuity raised their price target on shares of Halcon Resources Corp from $4.75 to $5.50 in a research note on Friday, May 9th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $5.72.
Halcon Resources Corporation (NASDAQ:HK) is an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States.
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