Earthstone Energy (ESTE) Getting Somewhat Positive News Coverage, Report Shows
Media coverage about Earthstone Energy (NYSE:ESTE) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Earthstone Energy earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the oil and gas producer an impact score of 47.6427418580466 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern’s analysis:
- Earthstone Energy (ESTE) Given a $15.00 Price Target at Robert W. Baird (americanbankingnews.com)
- Earthstone Energy (ESTE) Coverage Initiated by Analysts at KLR Group (americanbankingnews.com)
- Research Analysts Set Expectations for Earthstone Energy Inc’s Q4 2017 Earnings (ESTE) (americanbankingnews.com)
- Earthstone Energy Inc (ESTE) to Post FY2020 Earnings of $1.14 Per Share, SunTrust Banks Forecasts (americanbankingnews.com)
- Critical Review: Earthstone Energy (ESTE) versus Unit (UNT) (americanbankingnews.com)
ESTE has been the topic of a number of recent research reports. KLR Group initiated coverage on Earthstone Energy in a research note on Thursday. They set a “buy” rating and a $17.00 price objective on the stock. Robert W. Baird restated an “outperform” rating and set a $13.00 price objective (down previously from $14.00) on shares of Earthstone Energy in a research note on Monday, December 18th. SunTrust Banks restated a “buy” rating and set a $14.00 price objective on shares of Earthstone Energy in a research note on Tuesday, February 6th. Zacks Investment Research cut Earthstone Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. Finally, ValuEngine cut Earthstone Energy from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $14.45.
Earthstone Energy Company Profile
Earthstone Energy, Inc is an independent oil and natural gas development and production company. The Company is also engaged in corporate mergers and the acquisition of oil and natural gas properties that have production and future development opportunities. Its operations are all in the upstream segment of the oil and natural gas industry and all its properties are onshore in the United States.
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