A Closer Look at 5 Analyst Recommendations For Chord Energy
Portfolio Pulse from Benzinga Insights
Chord Energy (NASDAQ:CHRD) received mixed analyst ratings with 2 bullish and 3 somewhat bullish over the past three months. The average 12-month price target is $189.8, down from the previous $196.00. Analysts from Mizuho, RBC Capital, Stifel, Piper Sandler, and Wells Fargo provided updates, with price target adjustments reflecting recent market conditions and company performance. Chord Energy's financials show a revenue decline of -5.51% over 3 months, a high net margin of 18.54%, a below-average ROE of 4.27%, an above-average ROA of 3.09%, and a low debt-to-equity ratio of 0.11.
January 03, 2024 | 7:01 pm
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Chord Energy received mixed analyst ratings with a lowered average price target of $189.8. Financial indicators show a revenue decline, strong net margin, and low debt, which may influence investor sentiment.
The mixed analyst ratings and the lowered price target suggest uncertainty, which could lead to a neutral short-term impact on CHRD's stock price. The strong net margin is positive, but the revenue decline and below-average ROE may raise concerns among investors. The low debt-to-equity ratio is favorable and indicates financial stability. Overall, the impact is neutral due to contrasting financial indicators and analyst sentiments.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100