Jefferies Group LLC assumed coverage on shares of Jagged Peak Energy Inc. (NYSE:JAG) in a research note published on Monday morning. The brokerage issued a hold rating and a $14.00 price target on the mining company’s stock.

Other equities research analysts have also issued research reports about the stock. Citigroup Inc. set a $19.00 target price on shares of Jagged Peak Energy and gave the company a buy rating in a research note on Tuesday, August 15th. BMO Capital Markets set a $18.00 target price on shares of Jagged Peak Energy and gave the company a buy rating in a research note on Saturday, August 12th. Royal Bank Of Canada set a $17.00 target price on shares of Jagged Peak Energy and gave the company a buy rating in a research note on Thursday, August 24th. KLR Group started coverage on shares of Jagged Peak Energy in a research note on Monday, June 19th. They issued a buy rating and a $21.00 target price on the stock. Finally, Seaport Global Securities started coverage on shares of Jagged Peak Energy in a research note on Thursday, September 28th. They issued a buy rating and a $16.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have given a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of $17.59.

Jagged Peak Energy (JAG) opened at 13.70 on Monday. The firm’s 50 day moving average price is $13.18 and its 200 day moving average price is $13.18. The stock’s market cap is $2.92 billion. Jagged Peak Energy has a one year low of $11.71 and a one year high of $15.08.

Jagged Peak Energy (NYSE:JAG) last issued its earnings results on Wednesday, August 9th. The mining company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). The firm had revenue of $53.10 million for the quarter, compared to analyst estimates of $55.12 million. The company’s revenue for the quarter was up 175.1% on a year-over-year basis. Equities analysts forecast that Jagged Peak Energy will post $0.08 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: “Jagged Peak Energy Inc. (JAG) Receives New Coverage from Analysts at Jefferies Group LLC” was first reported by Daily Political and is owned by of Daily Political. If you are reading this news story on another site, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/10/10/jagged-peak-energy-inc-jag-receives-new-coverage-from-analysts-at-jefferies-group-llc.html.

Large investors have recently made changes to their positions in the stock. Wells Fargo & Company MN bought a new stake in shares of Jagged Peak Energy during the 1st quarter valued at about $757,000. Marshall Wace North America L.P. bought a new stake in shares of Jagged Peak Energy during the 1st quarter valued at about $1,040,000. UBS Oconnor LLC bought a new stake in shares of Jagged Peak Energy during the 1st quarter valued at about $7,634,000. Harbor Advisors LLC bought a new stake in shares of Jagged Peak Energy during the 1st quarter valued at about $196,000. Finally, Citadel Advisors LLC bought a new stake in shares of Jagged Peak Energy during the 1st quarter valued at about $12,202,000. 17.10% of the stock is owned by institutional investors and hedge funds.

Jagged Peak Energy Company Profile

Jagged Peak Energy Inc is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. The Company’s acreage is located on contiguous blocks in the adjacent counties of Winkler, Ward, Reeves and Pecos, with original oil-in-place within multiple stacked hydrocarbon-bearing formations.

Analyst Recommendations for Jagged Peak Energy (NYSE:JAG)

Receive News & Ratings for Jagged Peak Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jagged Peak Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.