Gulfport Energy Corporation (GPOR) Receives Price Target

Gulfport Energy Corporation (GPOR) : Average target price received by Gulfport Energy Corporation (GPOR) is $37.22 with an expected standard deviation of $4.15. The most aggressive target on the stock is $48, whereas the most downbeat target is $31. 18 financial analysts are currently covering the stock.

Gulfport Energy Corporation (GPOR) has an average broker rating of 1.47, which is interpreted as a Strong Buy, as rated by 19 equity analysts. Nonetheless, 14 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy.


Also, Equity Analysts at the Brokerage Firm, KeyBanc, maintains their rating on the shares of Gulfport Energy Corporation (NASDAQ:GPOR). KeyBanc has a Overweight rating on the shares. As per the latest research report, the brokerage house lowers the price target to $35 per share from a prior target of $40. The rating by the firm was issued on August 22, 2016.

Gulfport Energy Corporation (NASDAQ:GPOR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.32 and $28.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.68, notching a gain of 0.28% for the day. The total traded volume was 2,152,061 . The stock had closed at $28.60 on the previous day.

Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company focused on the exploration, exploitation, acquisition and production of crude oil, natural gas liquids and natural gas in the United States. It has developed 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 Companys 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 producing properties in the Niobrara Formation of Northwestern Colorado and the Bakken Formation. It also holds an acreage position in the Alberta oil sands in Canada through its interest in Grizzly Oil Sands ULC (Grizzly), and interests in entities that operate in Southeast Asia, including the Phu Horm gas field in Thailand.

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