Gabriele Sorbara analyst at Siebert Williams Shank & Co reiterates coverage on PDC Energy (PDCE) in the Utilities sector with a Buy rating. TipRanks.com has Sorbara rated as a 4.8 star analyst with a 48% return on investment and a 16.1% success rate. Sorbara has set a price target of $ 137.
TipRanks.com reports that PDC Energy currently has 11 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $99.55. The target pricing ranges from a high forecast of $137.00 down to a low forecast of $73.00. PDC Energy (PDCE)’s last closing price was $$77.99 which would put the average price target at 27.64% upside.
In addition, TradingView issued a Strong Buy rating for PDCE over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on PDCE.
Other analysts covering PDCE include:
- Charles Meade of Johnson Rice issued a Buy rating with the price target of $ 115 on 4 days ago
- Nitin Kumar CFA of Wells Fargo issued a Buy rating with the price target of $ 102 on 2 weeks ago
- Arun Jayaram of J.P. Morgan issued a Buy rating with the price target of $ 93 on 3 weeks ago
- Unknown Analyst of CFRA issued a Buy rating with the price target of $ 90 on 3 weeks ago
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 >>
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