Jefferies Group upgraded Gulfport Energy Corporation (NASDAQ:GPOR) to Hold in a report released today.
- Updated: September 17, 2016
Having a price of $26.86, Gulfport Energy Corporation (NASDAQ:GPOR) traded 5.71% lower on the day. The last stock price is down 8.45% from the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. The company has registered a 50-day moving average of $28.01 and 200-day moving average of $29.21. Volume of trade was was up over the average, with 4,665,071 shares of GPOR changing hands over the typical 2,460,370 shares.
Jefferies Group has upgraded Gulfport Energy Corporation(NASDAQ:GPOR) to Hold in a statement released 8/19/2016.
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In addition to Jefferies Group reporting it’s price target, a total of 27 analysts have released a report on the company. The one year target is $35.11 with six analysts rating the company a strong buy, 16 firms rating the company a buy, eight analysts rating the stock a hold, 0 rating the company to underperform, and finally 0 brokerages rating the stock as sell.
Gulfport Energy Corporation has a one-year low of $20.21 and a 52 week high of $36.12. The company’s total market value is presently $0.0.
About Gulfport Energy Corporation (NASDAQ:GPOR)
Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company focused on the exploration, exploitation, acquisition and production of natural gas, natural gas liquids and crude oil in the United States. The Company has an oil and natural gas portfolio of proved reserves, as well as development and exploratory drilling opportunities on conventional and unconventional oil and natural gas prospects. The Company’s principal properties are located in the Utica Shale primarily in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB), and Hackberry fields. In addition, the Company has interest in producing properties in the Niobrara Formation of Northwestern Colorado and the Bakken Formation. The Company also holds an acreage position in the Alberta oil sands in Canada through its interest in Grizzly Oil Sands ULC (Grizzly), and and interests in an entity that operates in the Phu Horm gas field in Thailand.
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