Equities researchers at RBC Capital (NYSE: RY) began coverage on shares of Midstates Petroleum Company (NYSE: MPO) in a report issued on Tuesday. The firm set an “outperform” rating and a $19.00 price target on the stock.
Shares of Midstates Petroleum Company traded down 1.22% during mid-day trading on Tuesday, hitting $14.54. Midstates Petroleum Company has a 52 week low of $13.25 and a 52 week high of $16.95. The company’s market cap is $954.3 million.
Midstates Petroleum Company, Inc. is an independent exploration and production company. The Company’s areas of operation include Pine Prairie, South Bearhead Creek/Oretta, West Gordon and North Cowards Gully.