PDC Energy Inc. (NASDAQ:PDCE – Get Rating) gapped down before the market opened on Wednesday . The stock had previously closed at $67.92, but opened at $63.33. PDC Energy shares last traded at $62.92, with a volume of 8,271 shares traded.
PDCE has been the topic of a number of research reports. TheStreet downgraded shares of PDC Energy from a “b” rating to a “c+” rating in a report on Wednesday, May 4th. Truist Financial boosted their target price on shares of PDC Energy from $80.00 to $96.00 in a report on Thursday, April 21st. StockNews.com began coverage on shares of PDC Energy in a report on Thursday, March 31st. They issued a “buy” rating on the stock. KeyCorp lifted their target price on shares of PDC Energy from $80.00 to $84.00 and gave the stock an “overweight” rating in a research report on Friday, April 8th. Finally, TD Securities lifted their target price on shares of PDC Energy from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, March 2nd. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $88.00.
Comments