Stock analysts at Stifel Nicolaus began coverage on shares of Chaparral Energy Inc Class A (OTCMKTS:CHPE) in a report issued on Thursday. The firm set a “buy” rating and a $23.00 price target on the stock. Stifel Nicolaus’ target price indicates a potential upside of 19.48% from the company’s previous close.

A number of other brokerages have also weighed in on CHPE. Zacks Investment Research lowered Chaparral Energy Inc Class A from a “hold” rating to a “sell” rating in a report on Wednesday, July 11th. Johnson Rice initiated coverage on Chaparral Energy Inc Class A in a report on Friday, July 13th. They set a “buy” rating and a $31.00 price objective on the stock. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Chaparral Energy Inc Class A has a consensus rating of “Buy” and a consensus price target of $28.30.

Chaparral Energy Inc Class A stock opened at $19.25 on Thursday. Chaparral Energy Inc Class A has a 12 month low of $16.65 and a 12 month high of $25.85. The company has a current ratio of 0.82, a quick ratio of 0.75 and a debt-to-equity ratio of 0.26.

Chaparral Energy Inc Class A Company Profile

Chaparral Energy, Inc engages in the acquisition, exploration, development, production, and operation of onshore oil and natural gas properties primarily in Oklahoma, the United States. The company sells crude oil, natural gas, and natural gas liquids primarily to refineries and gas processing plant.

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