Halcon Resources Corp PT Raised to $5.50 at Barclays (HK)
Analysts at Barclays raised their price target on shares of Halcon Resources Corp (NASDAQ:HK) from $5.00 to $5.50 in a research report issued to clients and investors on Friday. Barclays’ target price indicates a potential downside of 3.00% from the company’s current price.
HK has been the subject of a number of other recent research reports. Analysts at Robert W. Baird raised their price target on shares of Halcon Resources Corp from $5.00 to $7.00 in a research note on Friday, May 16th. Separately, 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, May 13th. Finally, 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. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $5.89.
Shares of Halcon Resources Corp (NASDAQ:HK) traded down 0.35% during mid-day trading on Friday, hitting $5.65. The stock had a trading volume of 398,744 shares. Halcon Resources Corp has a 1-year low of $3.16 and a 1-year high of $6.44. The stock’s 50-day moving average is $5.27 and its 200-day moving average is $4.23. The company’s market cap is $2.376 billion.
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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