Mizuho Boosts Chesapeake Energy (NASDAQ:EXE) Price Target to $136.00

Chesapeake Energy (NASDAQ:EXE) had its target price boosted by analysts at Mizuho from $132.00 to $136.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Mizuho’s target price suggests a potential upside of 19.43% from the stock’s current price.

Other equities analysts have also recently issued reports about the company. Scotiabank upgraded Chesapeake Energy from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $105.00 to $130.00 in a research report on Friday, January 17th. The Goldman Sachs Group assumed coverage on Chesapeake Energy in a report on Friday, January 31st. They set a “buy” rating and a $121.00 target price for the company. Morgan Stanley raised their price objective on shares of Chesapeake Energy from $137.00 to $154.00 and gave the company an “overweight” rating in a research report on Thursday, March 27th. Piper Sandler upped their target price on shares of Chesapeake Energy from $96.00 to $101.00 and gave the stock a “neutral” rating in a report on Thursday, March 6th. Finally, Raymond James assumed coverage on shares of Chesapeake Energy in a report on Tuesday, February 4th. They issued a “strong-buy” rating and a $135.00 price target for the company. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Chesapeake Energy has an average rating of “Moderate Buy” and a consensus price target of $121.24.

Chesapeake Energy Stock Up 1.0 %

EXE opened at $113.87 on Tuesday. Chesapeake Energy has a twelve month low of $81.66 and a twelve month high of $114.03. The company has a 50-day moving average of $104.48. The stock has a market capitalization of $26.50 billion, a PE ratio of 70.29 and a beta of 0.53. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 0.20.

Chesapeake Energy (NASDAQ:EXE) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.53 by $0.02. The business had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.82 billion. Chesapeake Energy had a return on equity of 2.74% and a net margin of 6.07%. As a group, sell-side analysts anticipate that Chesapeake Energy will post 1.33 earnings per share for the current year.

Insider Buying and Selling

In other Chesapeake Energy news, CEO Domenic J. Dell’osso, Jr. purchased 2,500 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was bought at an average cost of $99.50 per share, with a total value of $248,750.00. Following the transaction, the chief executive officer now directly owns 107,845 shares in the company, valued at approximately $10,730,577.50. The trade was a 2.37 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 58.00% of the stock is owned by insiders.

Chesapeake Energy Company Profile

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.