Raymond James Analyst Reiterates Buy Rating on Laredo Petroleum, LPI
John Freeman analyst at Raymond James reiterates coverage on Laredo Petroleum (LPI) in the Utilities sector with a Buy rating. TipRanks.com has Freeman rated as a 5 star analyst with a 60% return on investment and a 33.2% success rate. Freeman has set a price target of $ 100.
TipRanks.com reports that Laredo Petroleum currently has 6 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $101.83. The target pricing ranges from a high forecast of $120.00 down to a low forecast of $73.00. Laredo Petroleum (LPI)’s last closing price was $75.26 which would put the average price target at 35.30% upside.
In addition, TradingView issued a Strong Buy rating for LPI over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on LPI.
Other analysts covering LPI include:
- Joseph McKay of Wells Fargo issued a Sell rating with the price target of $ 113 on 1 week ago
- Mark Lear of Piper Sandler issued a Hold rating with the price target of $ 93 on 1 week ago
- Gabriele Sorbara of Siebert Williams Shank & Co issued a Buy rating with the price target of $ 120 on 2 weeks ago
- John Gerdes of MKM Partners issued a Buy rating with the price target of $ 112 on 3 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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