Wells Fargo (NYSE:WFC) analyst Nitin Kumar CFA maintained a Buy rating on EQT on Friday, setting a price target of $35, which is approximately 67.54% above the present share price of $20.89.
Kumar CFA expects EQT to post earnings per share (EPS) of -$5.55 for the fourth quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in EQT, with an average price target of $29.64.
The analysts price targets range from a high of $35 to a low of $23.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $1.79 billion and a net profit of $688.43 million. The company's market cap is $7.9 billion.
According to TipRanks.com, Wells Fargo analyst Nitin Kumar CFA is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.1% and a 72.73% success rate.
EQT Corp (NYSE:EQT). engages in natural gas production, gathering, and transmission in the Appalachian area. The EQT Production segment focuses on the exploration, development and production of natural gas, natural gas liquids and crude oil. The company was founded in 1888 and is headquartered in Pittsburgh, PA.