Chesapeake Energy (NASDAQ:EXE) Price Target Increased to $85.00 by Analysts at Stephens

Chesapeake Energy (NASDAQ:EXE) had its price objective upped by Stephens from $84.00 to $85.00 in a research note released on Thursday, Benzinga reports. The firm currently has an equal weight rating on the stock.

Several other research firms have also recently weighed in on EXE. UBS Group increased their price objective on Chesapeake Energy from $85.00 to $89.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 8th. Roth Capital upgraded Chesapeake Energy to a “strong-buy” rating in a research report on Friday, September 27th. Finally, Citigroup increased their price objective on Chesapeake Energy from $90.00 to $97.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th.

Chesapeake Energy Stock Performance

EXE opened at $87.57 on Thursday. Chesapeake Energy has a 1-year low of $69.12 and a 1-year high of $93.58. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $11.50 billion, a P/E ratio of -150.98 and a beta of 0.47.

About Chesapeake Energy

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.