C.K. Cooper Cuts Price Target on Gulfport Energy (GPOR)

By admin | 6 years ago

Equities research analysts at C.K. Cooper lowered their price target on shares of Gulfport Energy (NASDAQ: GPOR) from $38.00 to $30.00 in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at Sterne Agee raised their price target on shares of Gulfport Energy to $44.00 in a research note to investors on Monday, February 27th. Analysts at Rodman & Renshaw cut their price target on shares of Gulfport Energy to $39.00 in a research note to investors on Friday, February 24th.

Gulfport Energy opened at 22.05 on Thursday. Gulfport Energy has a 52-week low of $18.72 and a 52-week high of $37.80. The company has a market cap of $1.226 billion and a price-to-earnings ratio of 10.05.

Gulfport Energy last posted its quarterly earnings results on Tuesday, May 8th. The company reported $0.48 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.60 by $0.12. Gulfport Energy’s revenue was up 40.4% compared to the same quarter last year. Analysts expect that Gulfport Energy will post $0.65 EPS next quarter.

Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB), Hackberry fields, and in West Texas in the Permian Basin.

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