Weekly Investment Analysts’ Ratings Changes for Parsley Energy (PE)

A number of research firms have changed their ratings and price targets for Parsley Energy (NYSE: PE):

  • 2/7/2018 – Parsley Energy had its price target raised by analysts at Morgan Stanley from $27.00 to $28.00. They now have an “equal weight” rating on the stock.
  • 2/6/2018 – Parsley Energy had its “buy” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $31.00 price target on the stock.
  • 2/2/2018 – Parsley Energy had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $38.00 price target on the stock.
  • 2/2/2018 – Parsley Energy was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 2/1/2018 – Parsley Energy is now covered by analysts at Deutsche Bank AG. They set a “buy” rating and a $38.00 price target on the stock.
  • 1/30/2018 – Parsley Energy had its price target lowered by analysts at Bank of America Corp from $38.00 to $37.00. They now have a “buy” rating on the stock.
  • 1/30/2018 – Parsley Energy had its price target lowered by analysts at Credit Suisse Group AG from $38.00 to $36.00. They now have a “buy” rating on the stock.
  • 1/30/2018 – Parsley Energy was downgraded by analysts at Citigroup Inc from a “buy” rating to a “hold” rating. They now have a $30.00 price target on the stock.
  • 1/30/2018 – Parsley Energy was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating.
  • 1/30/2018 – Parsley Energy was downgraded by analysts at Williams Capital from a “buy” rating to a “hold” rating. They now have a $34.00 price target on the stock, down previously from $38.00.
  • 1/29/2018 – Parsley Energy was given a new $49.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 1/24/2018 – Parsley Energy had its price target raised by analysts at Morgan Stanley from $30.00 to $35.00. They now have an “overweight” rating on the stock.
  • 1/23/2018 – Parsley Energy was given a new $38.00 price target on by analysts at Credit Suisse Group AG. They now have a “buy” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 1/9/2018 – Parsley Energy had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $41.00 price target on the stock.
  • 12/31/2017 – Parsley Energy was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 12/19/2017 – Parsley Energy is now covered by analysts at Robert W. Baird. They set an “outperform” rating and a $33.00 price target on the stock.

Parsley Energy Inc (NYSE PE) traded up $1.06 on Monday, reaching $22.80. The company’s stock had a trading volume of 5,619,300 shares, compared to its average volume of 7,355,317. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a market capitalization of $6,830.00, a P/E ratio of 325.71, a price-to-earnings-growth ratio of 0.86 and a beta of -0.32. Parsley Energy Inc has a one year low of $21.12 and a one year high of $33.07.

Parsley Energy, Inc is a holding company. The Company is an independent oil and natural gas company. The Company focuses on the acquisition, development and exploitation of unconventional oil and natural gas reserves in the Permian Basin. The Permian Basin is located in West Texas and Southeastern New Mexico and includes three primary sub-areas: the Midland Basin, the Central Basin Platform and the Delaware Basin.

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