Newfield Exploration (NYSE: NFX) had its price target decreased by FBR Capital from $38.00 to $32.00 in a research note released on Monday morning. They currently have an outperform rating on the stock.
Newfield Exploration opened at 22.73 on Monday. Newfield Exploration has a 52-week low of $22.14 and a 52-week high of $36.67. The stock’s 50-day moving average is currently $27.38. The company’s market cap is $3.022 billion.
A number of other analysts have also recently weighed in on NFX. Analysts at BMO Capital Markets cut their price target on shares of Newfield Exploration from $29.00 to $24.00 in a research note to investors on Wednesday, February 27th. They now have a market perform rating on the stock. Separately, analysts at TheStreet downgraded shares of Newfield Exploration from a hold rating to a sell rating in a research note to investors on Friday, February 22nd. Finally, analysts at Canaccord Genuity cut their price target on shares of Newfield Exploration from $33.00 to $32.00 in a research note to investors on Thursday, February 21st.
Ten equities research analysts have rated the stock with a buy rating, three have assigned an overweight rating, and eleven have assigned a hold rating to the stock. Newfield Exploration has a consensus rating of overweight and an average target price of $35.00.
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