Jefferies Boosts Price Target on Chesapeake Energy (CHK)

April 17, 2012 7:49 AM EDT
Get Alerts CHK Hot Sheet
Price: $81.46 --0%

Rating Summary:
    20 Buy, 18 Hold, 8 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Jefferies boosted their price target on Buy-rated Chesapeake Energy (NYSE: CHK) from $29 to $30 after updating their NAVs and estimates on higher oil price deck. The firm revised long-term WTI assumption to $95/bbl from $85.

Q1 EPS goes from $0.51 to $0.54 and FY12 from $2.20 to $2.35.

For an analyst ratings summary and ratings history on Chesapeake Energy click here. For more ratings news on Chesapeake Energy click here.

Shares of Chesapeake Energy closed at $19.19 yesterday.


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