|Day's Range||4.68 - 4.86|
|52 Week Range||4.13 - 8.20|
|PE Ratio (TTM)||-0.14|
|Earnings Date||Aug 2, 2017 - Aug 7, 2017|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||6.58|
This divergence between what has been happening in stocks (going up) and rates (which have going down) has been a cautionary signal for big market players. If we get a bottom here in rates, a cloud on confidence will be lifted.
Approximately 63% of Wall Street analysts have rated Chesapeake Energy (CHK) as a “hold.” The average broker target price is $6.58.
What until recently was an ugly duckling may suddenly be appealing to any large industry player looking to acquire a shale producer on the cheap, says Thomas H. Kee Jr.