Wells Fargo Analyst Reiterates Buy Rating on Chesapeake Energy, CHK

Nitin Kumar
analyst at Wells Fargo reiterates coverage on Chesapeake Energy (CHK) in the Utilities sector with a Buy rating. has Kumar rated as a 5 star analyst with a 83% return on investment and a 38.2% success rate. Kumar has set a price target of $102. reports that Chesapeake Energy currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $116.00. The target pricing ranges from a high forecast of $131.00 down to a low forecast of $102.00. Chesapeake Energy (CHK)’s last closing price was $83.8 which would put the average price target at 38.42% upside.

In addition, TradingView issued a Sell rating for CHK over the next month, has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on CHK.

Other analysts covering CHK include:
  • Zach Parham of J.P. Morgan issued a Buy rating with the price target of $ 116 on 2 days ago
  • Gabriele Sorbara of Siebert Williams Shank & Co issued a Buy rating with the price target of $ 131 on 6 days ago
  • Scott Hanold of RBC Capital issued a Buy rating with the price target of $ 120 on 2 weeks ago
  • Josh Silverstein of Wolfe Research issued a Buy rating with the price target of $ 111 on 1 month ago
If you are interest in stocks like CHK or stocks in the Utilities sector, please click here. tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from here >>

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