In a report released yesterday, Jens Zimmermann from Credit Suisse maintained a Buy rating on Pioneer Natural (PXD – Research Report), with a price target of $270.00. The company’s shares closed yesterday at $207.93.
According to TipRanks, Zimmermann is ranked #1748 out of 8330 analysts.
In addition to Credit Suisse, Pioneer Natural also received a Buy from Stifel Nicolaus’s Derrick Whitfield in a report issued on May 22. However, on May 15, Morgan Stanley maintained a Sell rating on Pioneer Natural (NYSE: PXD).
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PXD market cap is currently $48.52B and has a P/E ratio of 7.36.
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Pioneer Natural Resources Co. Operates as an independent oil and gas exploration and production company. The firm engages in hydrocarbon exploration in the Cline Shale. It focuses in the operation of Permian Basin, Eagle Ford Shale, Rockies, and West Panhandle projects. The firm also maintains an office in Midland, Texas and field offices in its area of operation. The company was founded in August 1997 and is headquartered in Irving, TX.
Read More on PXD:
- This Energy ETF Has Nearly 30% Upside Potential, According to Analysts
- Pioneer Natural price target lowered to $268 from $271 at Raymond James
- Pioneer Natural price target raised to $290 from $286 at Stifel
- Pioneer Natural price target lowered to $280 from $380 at TD Cowen
- Pioneer Natural names Rich Dealy next CEO
