Recommendation Trends for: Halcon Resources Corporation (NYSE:HK)
- Author: Neal Todd Jun 17, 2016,
Jun 17, 2016, 18:35
Analyst Coverage: Johnson Rice has been a brokerage house following shares of Halcon Resources Corporation (HK), so its rating change is noteworthy. A Chairman and CEO at Halcon Resources Corporation (HK) purchased shares in the company in a transaction completed on Friday December 18, 2015. They now have a Dollars 1.5 price target on the stock. Halcon Resources Corporation (NYSE:HK) ratio came in at N/A, which was derived by dividing current price of stock by yearly earnings.
03/28/2016 - Halcon Resources Corporation had its "sell" rating reiterated by analysts at Stifel Nicolaus.
05/29/2014 - NewJersey Resources Corporation was downgraded to "hold" by analysts at Brean Capital.
12/23/2015 - Halcon Resources Corporation had its "neutral" rating reiterated by analysts at SunTrust. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market.
Receive NewJersey Resources Corporation News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewJersey Resources Corporation with MarketBeat.com's FREE daily email newsletter. They now have a Dollars 38 price target on the stock.
06/02/2014 - NewJersey Resources Corporation was downgraded to "neutral" by analysts at Hilliard Lyons.
05/04/2015 - NewJersey Resources Corporation was upgraded to "buy" by analysts at Zacks.
04/23/2015 - Halcon Resources Corporation was downgraded to "neutral" by analysts at Robert W. Baird. They now have a Dollars 1 price target on the stock. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed.
03/18/2015 - Halcon Resources Corporation had its "sell" rating reiterated by analysts at Global Hunter Securities. They now have a Dollars 53 price target on the stock. Coming to moving average of 200-days, it is $0.9558, and the stock is $-0.4536 or -47.4581% off from this point.
Earnings to Watch: Investors considering HK stock at the going market price of $0.49/share should know the stock will next release quarterly results for the June 2016 quarter. Halcon Resources Corporation Co stock recorded a close of $0.5022 in last trading session, reaching a market cap of $61.61M.
Halcn Resources Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the United States. The Company's estimated total proved oil and natural gas reserves are approximately 146.8 million barrels of oil equivalent (MMBoe), consisting of over 120.7 million barrels of oil (MMBbls), approximately 13.0 MMBbls of natural gas liquids and over 78.4 billion cubic feet (Bcf) of natural gas.