WhiteHawk Income Corp. (NYSE:WHK) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of WhiteHawk Income Corp. (NYSE:WHK) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $31.40.

WHK has been the topic of a number of recent analyst reports. Stifel Nicolaus assumed coverage on shares of WhiteHawk Income in a research note on Monday, July 6th. They set a “buy” rating and a $30.00 price target on the stock. Stephens started coverage on shares of WhiteHawk Income in a report on Monday, July 6th. They set an “overweight” rating and a $33.00 price objective on the stock. JPMorgan Chase & Co. initiated coverage on WhiteHawk Income in a research report on Monday, July 6th. They issued a “neutral” rating and a $28.00 target price on the stock. Zacks Research upgraded WhiteHawk Income to a “hold” rating in a research note on Tuesday, July 7th. Finally, Raymond James Financial began coverage on WhiteHawk Income in a research report on Tuesday, July 7th. They set a “strong-buy” rating and a $34.00 price target for the company.

WhiteHawk Income Stock Down 2.6%

Shares of WhiteHawk Income stock opened at $25.52 on Friday. The firm has a 50 day moving average of $26.63. WhiteHawk Income has a 52 week low of $25.41 and a 52 week high of $28.60.

WhiteHawk Income Company Profile

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).