Share on StockTwits

Societe Generale boosted their price target on shares of Pioneer Natural Resources (NYSE:PXD) from $144.00 to $220.00 in a research note issued on Thursday. Societe Generale’s target price would indicate a potential upside of 6.61% from the stock’s previous close.

A number of other analysts have also recently weighed in on PXD. Analysts at RBC Capital raised their price target on shares of Pioneer Natural Resources from $226.00 to $232.00 in a research note on Wednesday. Separately, analysts at KLR Group upgraded shares of Pioneer Natural Resources from a “hold” rating to an “accumulate” rating in a research note on Wednesday. They now have a $258.00 price target on the stock, up previously from $254.00. Finally, analysts at Goldman Sachs raised their price target on shares of Pioneer Natural Resources to $266.00 in a research note on Tuesday. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $233.35.

Shares of Pioneer Natural Resources (NYSE:PXD) opened at 206.36 on Thursday. Pioneer Natural Resources has a 1-year low of $163.90 and a 1-year high of $234.60. The stock’s 50-day moving average is $225.4 and its 200-day moving average is $202.1. The company’s market cap is $29.509 billion.

Pioneer Natural Resources (NYSE:PXD) last announced its earnings results on Monday, August 4th. The company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.07. The company had revenue of $953.00 million for the quarter, compared to the consensus estimate of $964.05 million. During the same quarter in the previous year, the company posted $1.10 earnings per share. The company’s revenue for the quarter was down 17.8% on a year-over-year basis. Analysts expect that Pioneer Natural Resources will post $5.73 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.