Expand Energy (EXE) Receives a Buy from Jefferies
In a report released yesterday, Lloyd Byrne from Jefferies reiterated a Buy rating on Expand Energy, with a price target of $141.00. The company’s shares closed yesterday at $99.52.
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According to TipRanks, Byrne is a 5-star analyst with an average return of 19.4% and a 60.09% success rate. Byrne covers the Energy sector, focusing on stocks such as Baker Hughes Company, Ovintiv, and Halliburton.
Expand Energy has an analyst consensus of Strong Buy, with a price target consensus of $133.75, representing a 34.40% upside. In a report released yesterday, Piper Sandler also maintained a Buy rating on the stock with a $137.00 price target.
Based on Expand Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.27 billion and a net profit of $553 million. In comparison, last year the company earned a revenue of $2 billion and had a GAAP net loss of $399 million
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