BMO Capital analyst Phillip Jungwirth maintained a Buy rating on Chesapeake Energy on Monday, setting a price target of $85, which is approximately 40.89% above the present share price of $60.33.
Jungwirth expects Chesapeake Energy to post earnings per share (EPS) of -$3.51 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Chesapeake Energy, with an average price target of $87.
The analysts price targets range from a high of $100 to a low of $78.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $887 million and a net profit of -$341 million. The company's market cap is $7.06 billion.
According to TipRanks.com, BMO Capital analyst Phillip Jungwirth is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.0% and a 44.66% success rate.
Chesapeake Energy Corp (NYSE:CHK) is a US-based exploration and production company. It is engaged in the acquisition, exploration, and development of properties for the production of oil, natural gas and natural gas liquids from underground reservoirs. Geographically, the company focuses its exploration, development, acquisition and production efforts in the operating areas of Marcellus, Northern Appalachian Basin in Pennsylvania; Haynesville, Northwestern (NASDAQ:NWE) Louisiana and East Texas (Gulf Coast); Eagle Ford, South Texas; Utica, Southern Appalachian Basin in Ohio; Mid-Continent, Anadarko Basin in northwestern Oklahoma; and Powder River Basin, Stacked pay in Wyoming.