Chord Energy (CHRD) Gets a Buy from Roth MKM
Roth MKM analyst Nicholas Pope reiterated a Buy rating on Chord Energy today and set a price target of $140.00.
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According to TipRanks, Pope is a 3-star analyst with an average return of 6.7% and a 57.63% success rate. Pope covers the Energy sector, focusing on stocks such as Chord Energy, Gulfport Energy, and Devon Energy.
In addition to Roth MKM, Chord Energy also received a Buy from Truist Financial’s Gabriel Daoud in a report issued on April 13. However, on March 31, Citi maintained a Hold rating on Chord Energy (NASDAQ: CHRD).
Based on Chord Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.17 billion and a net profit of $84.42 million. In comparison, last year the company earned a revenue of $1.45 billion and had a net profit of $210.6 million
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CHRD in relation to earlier this year. Last month, Michael Lou, the EVP, CSO, and CCO of CHRD sold 15,000.00 shares for a total of $1,882,017.48.
Read More on CHRD:
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