Barclays (LON:BARC) analyst Jeanine Wai maintained a Buy rating on Cimarex Energy Co (NYSE:XEC) on Tuesday, setting a price target of $34, which is approximately 23.95% above the present share price of $27.43.
Wai expects Cimarex Energy Co to post earnings per share (EPS) of -$7.77 for the second quarter of 2020.
The current consensus among 18 TipRanks analysts is for a Moderate Buy rating of shares in Cimarex Energy, with an average price target of $26.67.
The analysts price targets range from a high of $42 to a low of $17.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $472.83 million and a net profit of $39.45 million. The company's market cap is $2.84 billion.
According to TipRanks.com, Barclays analyst Jeanine Wai is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -16.7% and a 24.19% success rate.
Cimarex Energy Co. is an independent oil and gas exploration and production company. Its activities include drilling, completing and operating wells. It operates through the following areas: Permian Basin, Mid-Continent, and Others in Oklahoma, Texas and New Mexico. The company was founded by F. H. Merelli in February 2002 and is headquartered in Denver, CO.