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Siebert Williams Shank & Co Stick to Their Hold Rating for QEP Resources

Published 03/15/2021, 05:08 AM

Siebert Williams (NYSE:WMB) Shank & Co analyst Gabriele Sorbara maintained a Hold rating on QEP Resources (NYSE:QEP) on Thursday, setting a price target of $4, which is approximately 4.53% below the present share price of $4.19.

Sorbara expects QEP Resources to post earnings per share (EPS) of -$0.54 for the first quarter of 2021.

The current consensus among 3 TipRanks analysts is for a Hold rating of shares in QEP Resources, with an average price target of $3.47.
The analysts price targets range from a high of $4 to a low of $3.

In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $200.2 million and a net profit of -$46.9 million. The company's market cap is $1.02 billion.

According to TipRanks.com, Siebert Williams Shank & Co analyst Gabriele Sorbara is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.1% and a 35.54% success rate.

QEP Resources, Inc. engages in the exploration and production of oil and natural gas properties. It focuses in the Northern Region (primarily in North Dakota, Wyoming and Utah) and the Southern Region (primarily in Texas and Louisiana) geographical regions. The company was founded in 1922 and is headquartered in Denver, CO.

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