Imperial Capital Says Its Time To “Outperform” Jagged Peak Energy (JAG). Will Stock Hit Their Target of $18?

October 13, 2017 - By test

 Imperial Capital Says Its Time To

Why Has Imperial Capital Given Jagged Peak Energy (JAG) a $18 Price Target

Imperial Capital analyst has begun coverage with a “Outperform” rating on Jagged Peak Energy (JAG) today and set a price target of $18. The firm’s shares opened today at 0.

Jagged Peak Energy Inc (NYSE:JAG) Ratings Coverage

Among 14 analysts covering Jagged Peak Energy (JAG), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. Jagged Peak Energy has $23.0 highest and $1300 lowest target. $17.77’s average target is 27.75% above currents $13.91 stock price. Jagged Peak Energy had 25 analyst reports since February 13, 2017 according to SRatingsIntel. Stifel Nicolaus maintained Jagged Peak Energy Inc (NYSE:JAG) rating on Wednesday, June 21. Stifel Nicolaus has “Buy” rating and $1800 target. Stifel Nicolaus maintained Jagged Peak Energy Inc (NYSE:JAG) rating on Thursday, July 13. Stifel Nicolaus has “Buy” rating and $1600 target. Goldman Sachs initiated Jagged Peak Energy Inc (NYSE:JAG) rating on Tuesday, February 21. Goldman Sachs has “Buy” rating and $19.0 target. The stock has “Buy” rating by Citigroup on Wednesday, February 22. As per Tuesday, February 21, the company rating was initiated by JP Morgan. The company was maintained on Friday, June 2 by RBC Capital Markets. RBC Capital Markets maintained it with “Buy” rating and $17.0 target in Thursday, August 24 report. Susquehanna initiated Jagged Peak Energy Inc (NYSE:JAG) on Monday, February 13 with “Positive” rating. The firm has “Overweight” rating by KeyBanc Capital Markets given on Tuesday, February 21. The rating was maintained by Citigroup on Thursday, July 13 with “Buy”.

About 370,901 shares traded. Jagged Peak Energy Inc (JAG) has 0.00% since October 13, 2016 and is . It has underperformed by 16.70% the S&P500.

Analysts await Jagged Peak Energy Inc (NYSE:JAG) to report earnings on November, 8. JAG’s profit will be $14.89M for 49.71 P/E if the $0.07 EPS becomes a reality. After $0.05 actual earnings per share reported by Jagged Peak Energy Inc for the previous quarter, Wall Street now forecasts 40.00 % EPS growth.

Jagged Peak Energy Inc. is an independent oil and natural gas firm focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. The company has market cap of $2.96 billion. The Company’s acreage is located on contiguous blocks in the adjacent counties of Winkler, Ward, Reeves and Pecos, with original oil-in-place within multiple stacked hydrocarbon-bearing formations. It currently has negative earnings. As of September 30, 2016, it drilled and completed 16 horizontal wells.

More notable recent Jagged Peak Energy Inc (NYSE:JAG) news were published by: Prnewswire.com which released: “Jagged Peak Energy Inc. Announces Appointment Of Chief Operating Officer” on August 10, 2017, also Prnewswire.com with their article: “Jagged Peak Energy Inc. Announces First Quarter 2017 Financial and Operating …” published on May 11, 2017, Prnewswire.com published: “Technical Reports on Oil and Gas Equities – Rowan Cos., Jagged Peak Energy …” on October 12, 2017. More interesting news about Jagged Peak Energy Inc (NYSE:JAG) were released by: Prnewswire.com and their article: “Jagged Peak Energy Inc. Announces Second Quarter 2017 Financial and Operating …” published on August 09, 2017 as well as Prnewswire.com‘s news article titled: “Jagged Peak Energy Inc. Provides Updated Third Quarter Production Guidance” with publication date: September 19, 2017.

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