RBC Capital analyst Scott Hanold maintained a Buy rating on Northern Oil And Gas (NYSE:NOG) on Thursday, setting a price target of $24, which is approximately 24.74% above the present share price of $19.24.
Hanold expects Northern Oil And Gas to post earnings per share (EPS) of -$1.73 for the second quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Northern Oil And Gas, with an average price target of $22.2.
The analysts price targets range from a high of $25 to a low of $17.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $157.33 million and a net profit of $71.56 million. The company's market cap is $1.16 billion.
According to TipRanks.com, RBC Capital analyst Scott Hanold is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.9% and a 45.76% success rate.
Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. It focuses on the Bakken and Three Forks formation within the Williston Basin in North Dakota and Montana. The company was founded on March 20, 2007 and is headquartered in Minnetonka, MN.