EQT Corporation (NYSE:EQT) target price raised to $92.00, reported today by GMP Securities
- Updated: October 2, 2016
Having a price of $68.64, EQT Corporation (NYSE:EQT) traded 4.41% higher on the day. With the last close down 1.68% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. EQT Corporation has recorded a 50-day average of $71.58 and a two hundred day average of $71.42. Volume of trade was up over the average, with 1,893,595 shares of EQT changing hands over the typical 1,562,850
EQT Corporation (NYSE:EQT) had its price target upped to $92.00 by GMP Securities in an issued report announced 9/28/2016. The upped price target suggests a potential upside of 0.34% from the company's most recent close.
On 8/26/2016, Stifel released a statement on EQT Corporation (NYSE:EQT) upped the target price from $0.00 to $87.00 that suggested an upside of 0.22%.
With a total market value of $0, EQT Corporation has with a one year low of $47.10 and a one year high of $80.61 .
A total of 20 analysts have released a research note on EQT Corporation. Five analysts rating the company a strong buy, twelve analysts rating the company a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $73.08.
More About EQT Corporation (NYSE:EQT)
EQT Corporation (EQT) is an energy company. The Company operates through two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with over 10 trillion cubic feet equivalent (Tcfe) of natural gas, natural gas liquid (NGL) and crude oil reserves across approximately 3.4 million acres, including approximately 630,000 gross acres in the Marcellus play. EQT Midstream provides gathering, transmission and storage services for the Company's produced gas and for the independent third parties across the Appalachian Basin. Its EQT Production segment conducts lateral horizontal and completion drilling in the Appalachian Basin. EQT Production's properties are located in Pennsylvania, West Virginia, Kentucky and Virginia. EQT Midstream owns or operates approximately 8,250 miles of gathering lines and approximately 180 compressor units, as well as other general property and equipment.
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