HighPoint Resources (HPR) Is a Company that Seaport Global Securities Seems to Like as Upgrade in Given

September 8, 2018 - By Palma Niemeyer

HighPoint Resources (HPR) Stock Upgrade

Seaport Global Securities upgraded shares of HighPoint Resources (HPR) to a solid Buy rating from the previous Neutral. This change in rating was shared with investors and clients in analysts note today.

HighPoint Resources Corporation (NYSE:HPR) Ratings Coverage

Among 5 analysts covering HighPoint Resources (HPR), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. HighPoint Resources has $14 highest and $6.5 lowest target. $9.50’s average target is 80.95% above currents $5.25 stock price. HighPoint Resources had 5 analyst reports since March 21, 2018 according to SRatingsIntel. The stock of HighPoint Resources Corporation (NYSE:HPR) earned “Buy” rating by Ladenburg on Monday, June 25. As per Wednesday, March 28, the company rating was maintained by Stifel Nicolaus. The firm earned “Buy” rating on Thursday, April 26 by J.P. Morgan.

The stock increased 0.38% or $0.02 during the last trading session, reaching $5.25. About 1.32 million shares traded. HighPoint Resources Corporation (HPR) has risen 87.80% since September 8, 2017 and is uptrending. It has outperformed by 75.23% the S&P500.

Analysts await HighPoint Resources Corporation (NYSE:HPR) to report earnings on October, 30. They expect $0.05 earnings per share, up 162.50 % or $0.13 from last year’s $-0.08 per share. HPR’s profit will be $10.62M for 26.25 P/E if the $0.05 EPS becomes a reality. After $-0.02 actual earnings per share reported by HighPoint Resources Corporation for the previous quarter, Wall Street now forecasts -350.00 % EPS growth.

HighPoint Resources Corporation, an exploration and production company, focuses on the development of oil and natural gas assets in the United States. The company has market cap of $1.12 billion. It primarily holds interests in the Northeast Wattenberg and Hereford Fields of the Denver-Julesburg basin located in the eastern plains of Colorado and parts of southeastern Wyoming. It currently has negative earnings.

Another recent and important HighPoint Resources Corporation (NYSE:HPR) news was published by Seekingalpha.com which published an article titled: “E&P Bottom Of The Barrel Club #18-4: The Second Half Kickoff Gets Muffed” on September 04, 2018.

HighPoint Resources Corporation (NYSE:HPR) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.