Vincent Lovaglio, analyst at Mizuho Securities, reiterated coverage on Devon Energy Corp. (DVN) with a Buy rating and has set a price target of $29.00. TipRanks.com has Lovaglio rated as a 4 star analyst with a 35.5% return on investment and a 71% success rate.
TipRanks.com reports that DVN currently has 19 analysts offering 12 month price targets and the consensus is a Strong Buy rating with an average price target is $29.57. The target pricing ranges from a high forecast of $37.00 down to a low forecast of $19.00.
DVN’s last price was $21.17 which would put the average price target at 39.68% upside.
Other analysts covering DVN include:
- Jeanine Wai (Barclays) Buy on 4/7
- Scott Hanold (RBC Capital) Hold on 4/5
- Subash Chandra (Northland Securities) Buy on 4/1
TipRanks.com 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 TipRanks.com here >>