⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

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

Published 03/15/2021, 05:08 AM
WMB
-
NG
-
QEP
-


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.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.