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Equities research analysts at Howard Weil upped their price target on shares of Pioneer Natural Resources (NYSE:PXD) from $212.00 to $240.00 in a research note issued to investors on Thursday. The firm currently has a “sector perform” rating on the stock. Howard Weil’s target price points to a potential upside of 6.18% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity initiated coverage on shares of Pioneer Natural Resources in a research note on Tuesday, July 1st. They set a “buy” rating and a $274.00 price target on the stock. Separately, analysts at GMP Securities initiated coverage on shares of Pioneer Natural Resources in a research note on Tuesday, June 24th. They set a “buy” rating and a $286.00 price target on the stock. Finally, analysts at Global Hunter Securities downgraded shares of Pioneer Natural Resources from a “buy” rating to an “accumulate” rating in a research note on Tuesday, June 17th. They now have a $260.00 price target on the stock, up previously from $220.00. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $217.55.

Pioneer Natural Resources (NYSE:PXD) opened at 226.04 on Thursday. Pioneer Natural Resources has a one year low of $150.65 and a one year high of $234.20. The stock has a 50-day moving average of $219.7 and a 200-day moving average of $195.6. The company’s market cap is $32.334 billion.

Pioneer Natural Resources (NYSE:PXD) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $1.26 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.07 by $0.19. The company had revenue of $963.00 million for the quarter, compared to the consensus estimate of $867.70 million. During the same quarter last year, the company posted $1.02 earnings per share. Pioneer Natural Resources’s revenue was up 25.6% compared to the same quarter last year. Analysts expect that Pioneer Natural Resources will post $5.64 EPS for the current fiscal year.

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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