Key Takeaways:
- Expand Energy (EXE, Financial) upgraded to "Overweight" with a new target price of $130.
- Murphy Oil (MUR) downgraded to "Sector Weight" due to an expected decrease in cash flow.
- Current analyst recommendations suggest Expand Energy is positioned to "Outperform".
Upgrade and Downgrade Analysis
Expand Energy (EXE), a prominent player in the natural gas sector, has received an upgrade to "Overweight," accompanied by a $130 price target from KeyBanc analysts. This adjustment highlights the company's robust standing amidst market fluctuations. Conversely, Murphy Oil (MUR) faces a downgrade to "Sector Weight," attributed to forecasts of diminished cash flow as oil prices retreat.
Wall Street Analysts Forecast
Wall Street analysts have set their sights on the future of Expand Energy, offering a range of price targets for the upcoming year. With data compiled from 18 analysts, the average target price stands at $94.91. These predictions span a high of $120.00 and a low of $77.00, indicating a potential downside of 6.60% from the current trading price of $101.62. For a deeper dive into these figures, visit the Expand Energy Corp (EXE, Financial) Forecast page.
Brokerage Recommendations
In terms of brokerage consensus, 20 brokerage firms have provided an average recommendation score of 2.3 for Expand Energy Corp (EXE, Financial), classifying it in the "Outperform" category. The recommendation scale ranges from 1, representing a Strong Buy, to 5, indicating Sell.
GF Value Estimation
According to GuruFocus calculations, the projected GF Value for Expand Energy Corp in a year stands at $81.48. This suggests a potential downside of 19.82% from the current stock price of $101.62. The GF Value metric assesses the fair trading value of a stock by considering historical trading multiples, business growth history, and future performance projections. For further information, please explore the Expand Energy Corp (EXE, Financial) Summary page.
