PDC Energy (PDCE) Update - Mar 14

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

PDC Energy (PDCE) Update - Mar 14

Post by dan_s »

TipRanks 3-14-2022: "Since March 1st, 7 ranked analysts set 12-month price targets for PDCE. The average price target among the analysts is $81.85. The range of price targets is $72 to $97".

The most recent valuation is from Nitin Kumar CFA, at Wells Fargo on 3/14/2022 who rates PDCE a BUY with a price target of $97.
Mr. Kumar has a 5 Star rating (highest possible) from TipRanks.

I have updated my forecast/valuation using my fresh oil & gas price deck. MY valuation for PDCE increases by $5 to $108/share.
Dan Steffens
Energy Prospectus Group
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