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Investment analysts at SunTrust hoisted their price target on shares of Pioneer Natural Resources (NYSE:PXD) to $266.00 in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock. SunTrust’s price objective points to a potential upside of 18.68% from the stock’s previous close.

PXD has been the subject of a number of other recent research reports. Analysts at Howard Weil raised their price target on shares of Pioneer Natural Resources from $212.00 to $240.00 in a research note on Thursday. They now have a “sector perform” rating on the stock. Separately, 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. Finally, 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. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $220.29.

Shares of Pioneer Natural Resources (NYSE:PXD) traded down 1.15% on Friday, hitting $221.56. 435,151 shares of the company’s stock traded hands. 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 $220.8 and a 200-day moving average of $195.8. The company’s market cap is $31.693 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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