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Parsley Energy Price Target & Analyst Ratings (NYSE:PE)

+0.75 (+4.83 %)
(As of 12/8/2019 08:52 AM ET)
Today's Range
Now: $16.27
50-Day Range
MA: $16.03
52-Week Range
Now: $16.27
Volume4.91 million shs
Average Volume5.59 million shs
Market Capitalization$5.15 billion
P/E Ratio11.54
Dividend Yield0.77%

Analyst Ratings

Parsley Energy (NYSE:PE) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
24 Wall Street analysts have issued ratings and price targets for Parsley Energy in the last 12 months. Their average twelve-month price target is $27.21, suggesting that the stock has a possible upside of 67.27%. The high price target for PE is $55.00 and the low price target for PE is $19.00. There are currently 2 hold ratings and 22 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.922.922.932.93
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
22 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
23 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
23 Buy Rating(s)
1 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
25 Buy Rating(s)
1 Strong Buy Rating(s)
Consensus Price Target: $27.21$27.41$29.20$31.19
Price Target Upside: 67.27% upside60.45% upside78.03% upside58.16% upside

Parsley Energy (NYSE:PE) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Parsley Energy (NYSE:PE) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/26/2019Morgan StanleyLower Price TargetEqual Weight$21.00 ➝ $20.00Low
11/6/2019Northland SecuritiesReiterated RatingBuy$23.00Low
10/15/2019TD SecuritiesLower Price TargetBuy$25.00 ➝ $24.00Medium
10/15/2019Wells Fargo & CoBoost Price TargetOutperform$27.00 ➝ $29.00High
10/8/2019Robert W. BairdLower Price TargetOutperform$22.00 ➝ $19.00Medium
9/23/2019CitigroupLower Price TargetBuy$27.00 ➝ $25.00Low
9/16/2019MizuhoUpgradeNeutral ➝ Buy$24.00High
9/10/2019SunTrust BanksSet Price TargetBuy$23.00N/A
9/10/2019Bank of AmericaBoost Price TargetBuy$23.00 ➝ $27.00High
8/27/2019MKM PartnersInitiated CoverageBuy$26.00Medium
8/21/2019CowenSet Price TargetBuy$24.00High
5/6/2019Evercore ISIUpgradeIn-Line ➝ Outperform$19.72Medium
5/2/2019Williams CapitalReiterated RatingHold$26.00Medium
4/22/2019KeyCorpBoost Price TargetOverweight ➝ Overweight$21.00 ➝ $23.00Low
4/18/2019Wolfe ResearchUpgradePeer Perform ➝ OutperformMedium
4/12/2019Goldman Sachs GroupDowngradeBuyLow
3/13/2019BarclaysReiterated RatingBuy$34.00Low
3/5/2019Jefferies Financial GroupLower Price TargetBuy ➝ Buy$28.00 ➝ $26.00Low
2/22/2019Stifel NicolausSet Price TargetBuy$55.00High
1/29/2019StephensUpgradeEqual ➝ Overweight$30.00Low
1/23/2019Raymond JamesSet Price TargetBuy$30.00Low
1/4/2019Imperial CapitalReiterated RatingOutperform ➝ Outperform$45.00 ➝ $33.00High
12/20/2018Seaport Global SecuritiesSet Price TargetBuy$23.00High
12/20/2018BMO Capital MarketsLower Price TargetOutperform$35.00High
12/7/2018JPMorgan Chase & Co.Set Price TargetBuy$28.00High
11/5/2018MacquarieUpgradeNeutral ➝ Outperform$31.00 ➝ $33.00High
10/29/2018Ifs SecuritiesInitiated CoverageStrong-BuyMedium
10/23/2018Piper Jaffray CompaniesSet Price TargetBuy$46.00High
8/20/2018KLR GroupReiterated RatingBuy$43.00Low
7/11/2018Susquehanna BancsharesInitiated CoveragePositive$38.00High
6/18/2018National Alliance SecuritiesUpgradeHold ➝ BuyHigh
4/13/2018Royal Bank of CanadaSet Price TargetBuy$37.00High
3/7/2018UBS GroupInitiated CoverageBuy$35.00Low
2/22/2018Deutsche BankLower Price TargetBuy ➝ Buy$38.00 ➝ $36.00High
1/30/2018Credit Suisse GroupLower Price TargetOutperform ➝ Buy$38.00 ➝ $36.00High
(Data available from 12/8/2017 forward)
This page was last updated on 12/8/2019 by MarketBeat.com Staff

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