Mizuho Securities announced Gulfport Energy (NASDAQ:GPOR), boosting its stock price target to $35.00 today
- Updated: October 5, 2016
Having a price of $28.75, Gulfport Energy (NASDAQ:GPOR) traded 2.90% higher on the day. With the last close down -1.90% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Gulfport Energy has recorded a 50-day average of $28.01 and a two hundred day average of $29.31. Volume of trade was down over the average, with 1,593,975 shares of GPOR changing hands under the typical 2,715,750
In a report released on 10/06/2016 Mizuho Securities increased the target of Gulfport Energy (NASDAQ:GPOR) to $35.00 stating a potential upside of 0.22%.
With a total market value of $0, Gulfport Energy has with a one year low of $20.21 and a one year high of $36.12 .
A total of 27 analysts have released a report on Gulfport Energy. Six analysts rating the company a strong buy, sixteen analysts rating the company a buy, eight 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 $35.11.
More About Gulfport Energy (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 interests in an entity that operates in the Phu Horm gas field in Thailand.
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