Economy

Analyst Buzz: Sanchez Energy Corporation (SN)

BMO Capital Markets reissued a hold rating and issued a $3.00 target price on shares of EP Energy Corporation in a research note on Tuesday, August 8th.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -25.67%, and has a solid year to date (YTD) performance of -44.73% which means that the stock is constantly adding to its value from the previous fiscal year end price.

SN has been the topic of several other reports. ValuEngine lowered EP Energy Corporation from a hold rating to a sell rating in a research note on Monday, October 2nd.

The consensus recommendation, according to Zacks Investment research, is 2.89. Vetr cut shares of Chesapeake Energy Corporation from a strong-buy rating to a buy rating and set a $5.23 target price on the stock.in a research note on Monday, July 17th. Finally, Blair William & Co. They issued a neutral rating on the stock. The stock now has a consensus rating of Hold and an average target price of $3.77.

Sanchez Energy Corporation (NYSE:SN) was up +0.47% ($0.02) to $4.3 and showed a volume of 2.35 mln shares. The company rocked its 52-Week High of $14.39 and touched its 52-Week Low of $3.96. Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is -7.39% and standing -3.96% away from 50-Day Simple Moving Average while traded down -25.67% from 200-Day Simple Moving Average.

Chesapeake Energy Corporation (CHK) opened at 3.88 on Wednesday.

Now, the FactSet Research estimate calls for Q3 2017 earnings of US$-0.13. The company had revenue of $2.28 billion for the quarter, compared to analysts' expectations of $1.07 billion. Currently, Chesapeake Energy Corporation (NYSE:CHK) has an average volume of 30.78 Million.

Sanchez Energy Corp (NYSE:SN)'s trailing twelve month revenues are $550.1 Million, whereas its price to sales ratio for the same period is 0.62. If you are viewing this article on another publication, it was illegally stolen and republished in violation of U.S. and global copyright and trademark laws. The original version of this news story can be read at https://stocknewstimes.com/2017/10/16/ep-energy-corporation-epe-pt-set-at-3-00-by-stifel-nicolaus.html.

WARNING: "Chesapeake Energy Corporation (CHK) Shares Sold by Castleark Management LLC" was posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. The shares were acquired at an average price of $4.45 per share, with a total value of $445,000.00. American International Group Inc. now owns 23,840 shares of the energy producer's stock worth $113,000 after buying an additional 1,581 shares in the last quarter. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Eight analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a strong buy rating to the company. Following the acquisition, the director now directly owns 547,358 shares in the company, valued at $2,249,641.38. The disclosure for this sale can be found here. They were forecasting US$0.19 per share three months ago.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Advisory Services Network LLC grew its holdings in Chesapeake Energy Corporation by 42.6% in the 2nd quarter. IL grew its holdings in Chesapeake Energy Corporation by 8.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 25,400 shares of the energy producer's stock valued at $182,000 after buying an additional 1,650 shares during the period. Stratos Wealth Partners LTD. now owns 40,835 shares of the energy producer's stock valued at $293,000 after buying an additional 2,800 shares during the period. Prudential Financial Inc. grew its holdings in Chesapeake Energy Corporation by 6.3% during the 1st quarter. Finally, Metropolitan Life Insurance Co.

Sanchez Energy Corporation is an independent exploration and production company.



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