Headlines about Jagged Peak Energy (NYSE:JAG) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Jagged Peak Energy earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the mining company an impact score of 47.0085827723108 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern’s analysis:
- Jagged Peak Energy Inc (JAG) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Jagged Peak Energy (JAG) Price Target Raised to $21.00 (americanbankingnews.com)
- Jagged Peak Energy (JAG) Price Target Lowered to $16.00 at Bank of America (americanbankingnews.com)
- Analysts Set Expectations for Jagged Peak Energy Inc’s FY2019 Earnings (JAG) (americanbankingnews.com)
- Jagged Peak Energy (JAG) Receives New Coverage from Analysts at UBS Group (americanbankingnews.com)
A number of equities analysts recently issued reports on JAG shares. Royal Bank of Canada set a $18.00 target price on Jagged Peak Energy and gave the stock a “buy” rating in a report on Wednesday, December 20th. Bank of America cut their target price on Jagged Peak Energy from $18.00 to $16.00 and set a “buy” rating on the stock in a report on Thursday. Stifel Nicolaus set a $16.00 target price on Jagged Peak Energy and gave the stock a “buy” rating in a report on Monday, January 29th. UBS Group started coverage on Jagged Peak Energy in a report on Wednesday, March 7th. They issued a “neutral” rating and a $13.50 target price on the stock. Finally, Credit Suisse Group cut their target price on Jagged Peak Energy from $17.00 to $16.00 and set a “neutral” rating on the stock in a report on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company. Jagged Peak Energy has an average rating of “Hold” and an average price target of $16.82.
In other news, CEO Joseph N. Jaggers sold 49,973 shares of the firm’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $15.57, for a total transaction of $778,079.61. Following the completion of the sale, the chief executive officer now directly owns 4,741,320 shares of the company’s stock, valued at approximately $73,822,352.40. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Joseph N. Jaggers sold 175,773 shares of the firm’s stock in a transaction on Tuesday, December 26th. The shares were sold at an average price of $15.86, for a total value of $2,787,759.78. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 837,762 shares of company stock worth $11,254,833.
Jagged Peak Energy Company Profile
Jagged Peak Energy Inc is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. The Company’s acreage is located on contiguous blocks in the adjacent counties of Winkler, Ward, Reeves and Pecos, with original oil-in-place within multiple stacked hydrocarbon-bearing formations.
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