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Archaea Energy (LFG) Receives a Buy from Stifel Nicolaus

Stifel Nicolaus analyst Derrick Whitfield maintained a Buy rating on Archaea Energy (LFGResearch Report) on June 3 and set a price target of $44.00. The company’s shares closed last Monday at $21.49.

According to TipRanks.com, Whitfield is ranked 0 out of 5 stars with an average return of -9.6% and a 36.7% success rate. Whitfield covers the Utilities sector, focusing on stocks such as Centennial Resource Development, Continental Resources, and Northern Oil And Gas.

Archaea Energy has an analyst consensus of Moderate Buy, with a price target consensus of $34.50.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $23.75 and a one-year low of $14.30. Currently, Archaea Energy has an average volume of 1.28M.

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LFG in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Rice Acquisition Corp is a blank check company.

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