Laredo Petroleum, Inc. (NYSE:LPI) has analysts on the Bullish side this week.

August 9, 2018 - By Catherine Diaz

Laredo Petroleum, Inc. (NYSE:LPI) LogoInvestors sentiment increased to 1.43 in 2018 Q1. Its up 0.04, from 1.39 in 2017Q4. It increased, as 23 investors sold Laredo Petroleum, Inc. shares while 40 reduced holdings. 37 funds opened positions while 53 raised stakes. 242.41 million shares or 3.53% less from 251.28 million shares in 2017Q4 were reported.
Interest Gru stated it has 0% in Laredo Petroleum, Inc. (NYSE:LPI). Financial Bank Of Mellon reported 0% stake. Axa owns 240,994 shares. Royal Retail Bank Of Canada stated it has 0% in Laredo Petroleum, Inc. (NYSE:LPI). Meeder Asset Mngmt owns 452 shares for 0% of their portfolio. Teacher Retirement System Of Texas reported 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI). Virtu Fincl Llc holds 0.01% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI) for 19,082 shares. Bokf Na has 0.18% invested in Laredo Petroleum, Inc. (NYSE:LPI) for 746,793 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% in Laredo Petroleum, Inc. (NYSE:LPI). 26,848 were accumulated by Aperio Gp. Pnc Financial Serv Grp Inc Inc holds 6,938 shares or 0% of its portfolio. Strs Ohio owns 177,750 shares. Sg Americas Securities Limited Liability Company has 0.01% invested in Laredo Petroleum, Inc. (NYSE:LPI). Moreover, Raymond James And Assocs has 0% invested in Laredo Petroleum, Inc. (NYSE:LPI) for 269,317 shares. Financial Bank Of America De holds 0% or 94,678 shares in its portfolio.

Laredo Petroleum, Inc. (NYSE:LPI) Ratings Coverage

Among 6 analysts covering Laredo Petroleum (NYSE:LPI), 0 have Buy rating, 1 Sell and 5 Hold. Therefore 0 are positive. Laredo Petroleum had 10 analyst reports since February 15, 2018 according to SRatingsIntel. As per Thursday, February 15, the company rating was maintained by Williams Capital Group. The firm has “Buy” rating given on Monday, April 2 by Robert W. Baird. Tudor Pickering downgraded the shares of LPI in report on Thursday, May 10 to “Hold” rating. Williams Capital Group maintained the shares of LPI in report on Monday, May 21 with “Hold” rating. Williams Capital Group maintained it with “Hold” rating and $1100 target in Thursday, May 3 report. The stock has “Hold” rating by BMO Capital Markets on Monday, March 12. As per Thursday, March 8, the company rating was maintained by Bank of America. The firm has “Underperform” rating given on Thursday, August 2 by Bank of America. The firm earned “Hold” rating on Tuesday, March 13 by Stephens. As per Thursday, May 3, the company rating was downgraded by Robert W. Baird. Below is a list of Laredo Petroleum, Inc. (NYSE:LPI) latest ratings and price target changes.

02/08/2018 Broker: Bank of America Old Rating: Underperform New Rating: Underperform Old Target: $12 New Target: $11 Maintain
21/05/2018 Broker: Williams Capital Group Rating: Hold New Target: $12.0000 Maintain
10/05/2018 Broker: Tudor Pickering Old Rating: Buy New Rating: Hold Downgrade
03/05/2018 Broker: Williams Capital Group Rating: Hold New Target: $11.0000 Maintain
03/05/2018 Broker: Robert W. Baird Rating: Hold Downgrade
02/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $12.0000 Maintain
13/03/2018 Broker: Stephens Rating: Hold New Target: $10.0 Maintain
12/03/2018 Broker: BMO Capital Markets Rating: Hold New Target: $11.0 Maintain
08/03/2018 Broker: Bank of America Old Rating: Underperform New Rating: Underperform Old Target: $13 New Target: $11 Maintain
15/02/2018 Broker: Williams Capital Group Rating: Hold New Target: $11.0 Maintain

The stock decreased 1.00% or $0.085 during the last trading session, reaching $8.445. About 1.19M shares traded. Laredo Petroleum, Inc. (NYSE:LPI) has declined 30.95% since August 9, 2017 and is downtrending. It has underperformed by 43.52% the S&P500.

Laredo Petroleum, Inc. operates as an independent energy firm in the United States. The company has market cap of $1.95 billion. It operates through two divisions, Exploration and Production of Oil and Natural Gas Properties; and Midstream and Marketing. It has a 3.71 P/E ratio. It focuses on the acquisition, exploration, and development of oil and natural gas properties; and the transportation of oil and natural gas primarily in the Permian Basin in West Texas, as well as rig fuel, natural gas lift, and water delivery and takeaway services.

More recent Laredo Petroleum, Inc. (NYSE:LPI) news were published by: Seekingalpha.com which released: “Hedges, Differentials And Pioneer’s Valuation” on August 07, 2018. Also Globenewswire.com published the news titled: “Laredo Petroleum Announces 2018 Second-Quarter Financial and Operating Results” on August 01, 2018. Seekingalpha.com‘s news article titled: “Laredo Petroleum (LPI) Q2 2018 Results – Earnings Call Transcript” with publication date: August 02, 2018 was also an interesting one.

Laredo Petroleum, Inc. (NYSE:LPI) Institutional Positions Chart

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