John Abbott analyst at Bank of America Securities reiterates coverage on Chord Energy (CHRD) stock in the Utilities sector with a Buy rating. TipRanks.com has Abbott rated as a 3.7 star analyst with a 76% return on investment and a 14.4% success rate. Abbott has set a price target of $ 171.
TipRanks.com reports that Chord Energy stock currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for CHRD's stock is $189.29. The target pricing ranges from a high forecast of $246.00 down to a low forecast of $165.00. Chord Energy (CHRD)’s stock last closing price was $148.85 which would put the average price target at 27.17% upside.
In addition, TradingView issued a Buy rating for CHRD's stock over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on CHRD stock.
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This article was pulled from energystockmovers.com as they are an authority in the Energy Stock Sector. EnergyStockMovers.com keeps investors informed of trending energy stocks within the entire energy sector including green energy, renewable energy, fossil fuels, oil and natural gas, crude oil, gas pipelines and exploration and production.
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