Pioneer Natural Resources (NYSE:PXD) Target Raised by UBS Group AG to $173.00

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Pioneer Natural Resources stock has undergone multiple analysts rating changes in the recent past.  Pioneer Natural Resources stock Target Raised by   UBS Group AG on 6/29/2020. In a note to investors, the firm issued a new target price of $173.00. The analysts previously had $109.00 target price. UBS Group AG’s price target would indicate a potential upside of 84.14% from the stock’s previous close.

Shares of Pioneer Natural Resources traded up $0.88 on Monday, reaching $94.44. 0 shares of the stock traded hands, compared to its average volume of 2771144. Shares of were trading at $94.44 on Monday. The firm’s 50 day moving average is $$91.03 and its 200 day moving average is $114.72.Pioneer Natural Resources  has a 12 month low of $93.39 and a 12 month high of $159.01. While on yearly highs and lows, Pioneer Natural Resources today has traded high as $95.32 and has touched $93.39 on the downward trend.

Pioneer Natural Resources Earnings and What to expect: 

Pioneer Natural Resources last announced its quarterly earnings data on May 6th, 2020. The oil and gas development company reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.12. The business had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.18 billion. Its quarterly revenue was down 6.5% compared to the same quarter last year. Pioneer Natural Resources has generated $8.18 earnings per share over the last year and currently has a price-to-earnings ratio of 22.6. Pioneer Natural Resources has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 4th, 2020 based off prior year’s report dates.

Earnings for Pioneer Natural Resources are expected to grow by 25.17% in the coming year, from $1.47 to $1.84 per share. The P/E ratio of Pioneer Natural Resources is 22.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.16. The P/E ratio of Pioneer Natural Resources is 22.65, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.33. Pioneer Natural Resources has a PEG Ratio of 7.76. PEG Ratios above 1 indicate that a company could be overvalued. Pioneer Natural Resources has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.91%
  • On 6/8/2020 EVP Chris J Cheatwood Sell 7,000 at average share price of $115.66 which equates to $809,620.00 in money value.
  • On 6/8/2020 VP Craig A Kuiper Sell 4,362 at average price of  $113.09 with total value of : Not Data Available
  • On 6/5/2020 CAO Margaret Montemayor Sell 1,628 at average price of  $109.92 with total value of : $178,949.76
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Pioneer Natural Resources

  • 6/25/2020 – Pioneer Natural Resources had its price target raised by analysts at Wells Fargo & Co from $114.00 to $116.00. They now have an “overweight” rating on the stock.
  • 6/25/2020 – Pioneer Natural Resources was upgraded by analysts at SunTrust Banks, Inc. from a “hold” rating to a “buy” rating. They now have a $120.00 price target on the stock.
  • 6/19/2020 – Pioneer Natural Resources had its price target raised by analysts at Mizuho from $119.00 to $137.00.
  • 6/11/2020 – Pioneer Natural Resources had its price target raised by analysts at KeyCorp from $118.00 to $123.00. They now have an “overweight” rating on the stock.
  • See More Analyst Rating at: RATING

Other rating updates by UBS Group AG: 

  • 6/29/2020 – Suncor Energy had its price target raised by analysts at UBS Group AG from $24.50 to $42.00. They now have a “buy” rating on the stock.
  • 6/29/2020 – Media General had its price target raised by analysts at UBS Group AG to $4.00. They now have a “neutral” rating on the stock.
  • 6/29/2020 – Cenovus Energy had its price target raised by analysts at UBS Group AG from $2.70 to $6.00. They now have a “neutral” rating on the stock.
  • 6/29/2020 – Canadian Natural Resources had its price target raised by analysts at UBS Group AG from $28.00 to $37.00. They now have a “buy” rating on the stock.
  • See More Analyst Rating at: RATING

Pioneer Natural Resources (NYSE:PXD) Moving Average Technical Analysis

5 day Moving Average is $$95.03 And 5 day price change is -$0.66 (-0.69%)  with average volume for 5 day average is 2,207,120. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $98.98 and 20 day price change is $1.53 (1.65%) and average 20 day moving volume is 2,948,340. 50 day moving average is $91.03  and 50 day price change is $17.81 ( 23.24%)  and with average volume for 50 days is : 2,806,644. 200 day moving average is $114.72  and 200 day price change is -$35.91 (-27.55%)  and with average volume for 200 days is : 2,246,217.

See More Analyst Rating at: RATING