WhiteHawk Income (NYSE:WHK) Hits New 12-Month Low – Here’s Why

WhiteHawk Income Corp. (NYSE:WHKGet Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $25.41 and last traded at $25.45, with a volume of 16391 shares traded. The stock had previously closed at $26.19.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Raymond James Financial started coverage on shares of WhiteHawk Income in a research note on Tuesday, July 7th. They set a “strong-buy” rating and a $34.00 price objective on the stock. Capital One Financial initiated coverage on WhiteHawk Income in a research report on Monday, July 6th. They set an “overweight” rating and a $32.00 price target on the stock. Stifel Nicolaus assumed coverage on shares of WhiteHawk Income in a report on Monday, July 6th. They set a “buy” rating and a $30.00 price target on the stock. JPMorgan Chase & Co. started coverage on WhiteHawk Income in a research note on Monday, July 6th. They set a “neutral” rating and a $28.00 price target for the company. Finally, Wall Street Zen raised shares of WhiteHawk Income to a “hold” rating in a research report on Saturday, June 13th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $31.40.

Check Out Our Latest Research Report on WHK

WhiteHawk Income Price Performance

The firm has a 50-day moving average of $26.66.

WhiteHawk Income Company Profile

(Get Free Report)

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).

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