SandRidge Energy (NYSE: SD) had its target price cut by Susquehanna from $12.00 to $10.00 in a report released on Monday. Susquehanna currently has a positive rating on the stock.
A number of other analysts have also recently weighed in on SD. Analysts at Robert W. Baird cut their price target on shares of SandRidge Energy from $8.00 to $6.00 in a research note to investors on Monday. They now have a neutral rating on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of SandRidge Energy from $3.00 to $2.00 in a research note to investors on Monday. They now have a sell rating on the stock. Finally, analysts at Wunderlich cut their price target on shares of SandRidge Energy from $7.00 to $5.00 in a research note to investors on Monday. They now have a hold rating on the stock.
Three equities research analysts have rated the stock with a buy rating, nineteen have given a hold rating, and four have assigned a sell rating to the stock. SandRidge Energy currently has a consensus rating of hold and an average price target of $6.34.
Shares of SandRidge Energy opened at 5.48 on Monday. SandRidge Energy has a one year low of $4.81 and a one year high of $8.57. The stock’s 50-day moving average is currently $6.27. The company has a market cap of $2.609 billion and a P/E ratio of 28.84.
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