Scotiabank analyst Cameron Bean maintained a Hold rating on EQT (EQT – Research Report) today and set a price target of $40.00. The company’s shares closed yesterday at $34.61.
According to TipRanks, Bean is an analyst with an average return of -1.5% and a 48.11% success rate. Bean covers the Energy sector, focusing on stocks such as Advantage Energy, EQT, and Range Resources.
In addition to Scotiabank, EQT also received a Hold from TD Cowen’s David Deckelbaum in a report issued yesterday. However, on the same day, Bernstein maintained a Sell rating on EQT (NYSE: EQT).
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EQT market cap is currently $16.52B and has a P/E ratio of 8.21.
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EQT (EQT) Company Description:
EQT Corp. engages in natural gas production, gathering, and transmission in the Appalachian area. The EQT Production segment focuses on the exploration, development and production of natural gas, natural gas liquids and crude oil. The company was founded in 1888 and is headquartered in Pittsburgh, PA.
Read More on EQT:
- M & A News: EQT to Acquire Equitrans in Mega Deal
- EQT’s Strategic Merger with Equitrans Impacting Investors
- EQT Corporation to acquire Equitrans Midstream in all-stock transaction
- EQT Announces Transformative Acquisition of Equitrans Midstream
- EQT Corporation price target raised to $47 from $45 at Piper Sandler
