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EQT Corporation (NYSE:EQT) has been downgraded to Sell in a statement by ValuEngine today.

ValuEngine has downgraded EQT Corporation (NYSE:EQT) to Sell in a report released on Friday June 02, 2017.

On 5/18/2017, Jefferies & Co reported about EQT Corporation (NYSE:EQT) raised the target price from $0.00 to $64.00 that suggested an upside of 0.15%.

Having a price of $54.79, EQT Corporation (NYSE:EQT) traded 0.46% higher on the day. With the last close down 4.44% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time. The company has recorded a 50-day moving average of $63.60 and a 200-day moving average of $60.66. 1,979,713 shares of the stock were exchanged, down from an avg. volume of 2,830,650

Performance Chart

EQT Corporation (NYSE:EQT)

With a total market value of $0, EQT Corporation has price-earnings ratio of 2,262.50 with a one year low of $49.63 and a one year high of $75.74 .

A total of 20 brokerages have issued a ratings update on the company. 5 brokerages rating the stock a strong buy, 12 brokerages rating the stock a buy, 5 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $73.08.

Brief Synopsis On EQT Corporation (NYSE:EQT)

EQT Corporation is a natural gas company. The Company operates through three segments: EQT Production, EQT Gathering and EQT Transmission. The EQT Production segment includes its exploration for, and development and production of, natural gas, natural gas liquids and a limited amount of crude oil, primarily in the Appalachian Basin. The EQT Production segment also includes the marketing activities of the Company. EQT Production's properties are located in Pennsylvania, West Virginia, Kentucky and Virginia. The operations of EQT Gathering include the natural gas gathering activities of the Company, consisting solely of assets that are owned and operated by EQT Midstream Partners, LP (EQM). The operations of EQT Transmission include the natural gas transmission and storage activities of the Company, consisting solely of assets that are owned and operated by EQM. EQT Transmission focuses on various transmission projects, including Mountain Valley Pipeline and Transmission Expansion.

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