Diamondback Energy (FANG) Update - June 24
Posted: Mon Jun 24, 2019 10:52 am
Stifel sent out an updated report this morning comparing all of the upstream oil & gas companies that they cover.
> Stifel ranks FANG a BUY with a price target of $173/share.
> Stifel also estimates that Net Asset Value, including all of their undeveloped leasehold, at $215. Stifel calls it their "NAV P4" valuation.
In the last 3 months, 9 other ranked analysts set 12-month price targets for FANG that range from $125 to $170 per share. The average price target among the analysts is $153.22.
> Stifel ranks FANG a BUY with a price target of $173/share.
> Stifel also estimates that Net Asset Value, including all of their undeveloped leasehold, at $215. Stifel calls it their "NAV P4" valuation.
In the last 3 months, 9 other ranked analysts set 12-month price targets for FANG that range from $125 to $170 per share. The average price target among the analysts is $153.22.