In a report issued on April 25, Scott Hanold from RBC Capital maintained a Buy rating on Earthstone Energy (ESTE – Research Report), with a price target of $20.00. The company's shares closed last Tuesday at $13.55. According to TipRanks.com, Hanold is a top 100 analyst with an average return of 23.0% and a 59.7% success rate. Hanold covers the Utilities sector, focusing on stocks such as Centennial Resource Development, Whiting Petroleum Corporation, and California Resources Corp. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Earthstone Energy with a $22.17 average price target, implying a 63.5% upside from current levels.
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Earthstone Energy (NYSE:ESTE)
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