Where Are Shares Headed According to Analysts?

Wall Street sell-side research analysts covering Laredo Petroleum, Inc. (NYSE:LPI) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $16.338 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $20 while the most conservative estimate stand at $8.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover Laredo Petroleum, Inc.. They give the company shares an ABR of 2.05. This is based on the 17 analysts taken into consideration by Zacks.

Earnings Estimates for Laredo Petroleum, Inc. (NYSE:LPI)

Currently, Wall Street is projecting that the firm will post $0.12 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-12-31, Laredo Petroleum, Inc.'s EPS was reported as $0.16. This created a “surprise factor” 0% due to being $0 apart from what Wall Street predicted. When actual numbers differ greatly from the consensus expectations, sharp movement in the stock price can often be seen in the hours or days following the report.

Investors will mark their calendars for 2017-05-03, the date when Laredo Petroleum, Inc. (NYSE:LPI) are expected to release their quarterly results.

Wall Street sell-side research analysts covering PDC Energy, Inc. (NASDAQ:PDCE) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $82.8 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $100 while the most conservative estimate stand at $58.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover PDC Energy, Inc.. They give the company shares an ABR of 1.82. This is based on the 20 analysts taken into consideration by Zacks.

Earnings Estimates for PDC Energy, Inc. (NASDAQ:PDCE)

Currently, Wall Street is projecting that the firm will post $-0.01 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-12-31, PDC Energy, Inc.'s EPS was reported as $0.18. This created a “surprise factor” 800% due to being $0.16 apart from what Wall Street predicted. When actual numbers differ greatly from the consensus expectations, sharp movement in the stock price can often be seen in the hours or days following the report.

Investors will mark their calendars for 2017-05-05, the date when PDC Energy, Inc. (NASDAQ:PDCE) are expected to release their quarterly results.

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