WhiteHawk Income (NYSE:WHK) Sets New 12-Month High – Here’s What Happened

WhiteHawk Income Corp. (NYSE:WHK) shares hit a new 52-week high during trading on Monday . The company traded as high as $28.60 and last traded at $26.88, with a volume of 138701 shares changing hands. The stock had previously closed at $27.37.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Stephens assumed coverage on shares of WhiteHawk Income in a research report on Monday. They issued an “overweight” rating and a $33.00 target price for the company. Wall Street Zen raised shares of WhiteHawk Income to a “hold” rating in a report on Saturday, June 13th. Stifel Nicolaus assumed coverage on shares of WhiteHawk Income in a research report on Monday. They set a “buy” rating and a $30.00 target price on the stock. JPMorgan Chase & Co. began coverage on shares of WhiteHawk Income in a report on Monday. They set a “neutral” rating and a $28.00 target price on the stock. Finally, Capital One Financial assumed coverage on WhiteHawk Income in a research note on Monday. They issued an “overweight” rating and a $32.00 price target for the company. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, WhiteHawk Income currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.75.

WhiteHawk Income Trading Down 0.8%

About WhiteHawk Income

WhiteHawk is focused on being the premier natural gas mineral and royalty business in the United States. We are committed to delivering cash flow and total returns to our investors through the disciplined acquisition, active management and ownership of high-quality mineral and royalty interests. Our assets are concentrated in the Marcellus and Haynesville Shales, which are located in the Appalachian and Haynesville Basins, which are among the most productive and lowest-cost U.S. natural gas basins(1).