Gulfport Energy (NASDAQ: GPOR) had its target price lifted by SunTrust from $60.00 to $62.00 in a research note issued to investors on Thursday. The firm currently has a buy rating on the stock.
SunTrust has also updated their ratings on a number of other basic materials stocks in the last week. The firm lowered its price target on shares of Swift Energy from $19.00 to $16.00. They have a neutral rating on that stock. Also, SunTrust raised its price target on shares of Denbury Resources from $21.00 to $22.00.
Gulfport Energy traded down 1.20% on Thursday, hitting $40.47. Gulfport Energy has a 52-week low of $15.79 and a 52-week high of $42.75. The stock’s 50-day moving average is currently $40.13. The company has a market cap of $2.733 billion and a price-to-earnings ratio of 33.88.
A number of other analysts have also recently weighed in on GPOR. Analysts at Wunderlich raised their price target on shares of Gulfport Energy from $48.00 to $54.00 in a research note to investors on Thursday. They now have a buy rating on the stock. Separately, analysts at IBERIABANK Co. initiated coverage on shares of Gulfport Energy in a research note to investors on Tuesday, February 19th. They set an outperform rating on the stock. Finally, analysts at Iberia Capital initiated coverage on shares of Gulfport Energy in a research note to investors on Tuesday, February 19th. They set an outperform rating on the stock.
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