Pioneer Natural Resources Receives Consensus Rating of “Hold” from Analysts (NYSE:PXD)
Shares of Pioneer Natural Resources (NYSE:PXD) have been given an average rating of “Hold” by the twenty-eight analysts that are currently covering the stock, Stock Ratings Network reports. One research analyst has rated the stock with a sell recommendation, thirteen have issued a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $234.35.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Pioneer Natural Resources in a research note on Thursday, August 14th. They now have a $215.00 price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Pioneer Natural Resources in a research note on Monday, August 11th. They now have a $182.00 price target on the stock, down previously from $186.00. Finally, analysts at Societe Generale raised their price target on shares of Pioneer Natural Resources from $144.00 to $220.00 in a research note on Thursday, August 7th.
Pioneer Natural Resources (NYSE:PXD) opened at 204.04 on Friday. Pioneer Natural Resources has a one year low of $163.90 and a one year high of $234.60. The stock’s 50-day moving average is $219.9 and its 200-day moving average is $203.6. The company’s market cap is $29.198 billion.
Pioneer Natural Resources (NYSE:PXD) last released its earnings data 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. On average, analysts predict that Pioneer Natural Resources will post $5.66 earnings per share 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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