Credit Suisse maintained Laredo Petroleum Inc (NYSE:LPI) rating on Wednesday, August 12. Therefore 42% are positive. The rating was maintained by RBC Capital Markets on Monday, June 5 with "Hold". (NYSE:R) on Tuesday, October 13 with "Top Pick" rating. The stock of Sun Communities Inc (NYSE:SUI) has "Neutral" rating given on Monday, February 27 by Citigroup. "(NYSE:LPI) Earns "Hold" Rating from KeyCorp" was published by TrueBlueTribune and is owned by of TrueBlueTribune.
After the recent checks and based on a recent bid, the stock was trading at a distance of -26.11% from its 52-week highs.
The stock being overvalued and undervalued sometimes depends upon the market situation as well. The forecast of 8 surveyed investment analysts covering the stock advises investors to Buy stake in the company.
Following trading activity for Laredo Petroleum, Inc.(NYSE:LPI), we can see that the stock has moved onto today's list of most actives. Therefore 45% are positive. The stock appeared $16.47 above its 52-week highs and is down -1.61% for the last five trades. Williams Capital Group has "Hold" rating and $14 target. Laredo Petroleum Inc now has $2.90 billion valuation. The stock of Laredo Petroleum Inc (NYSE:LPI) has "Buy" rating given on Thursday, July 13 by Stifel Nicolaus. (NYSE:LPI) was gathering the crowd in the stock market. Barclays PLC reaffirmed a "buy" rating and set a $16.00 price objective on shares of Laredo Petroleum in a report on Wednesday, November 16th. The stock of Laredo Petroleum Inc (NYSE:LPI) earned "Market Perform" rating by Cowen & Co on Wednesday, December 9. If it moves below 30 and fails to remain below, it could be an indication that the market is oversold and poised to become bullish, at least in the short term.
Investors sentiment decreased to 0.94 in 2016 Q4. The company's institutional ownership is monitored at 0 percent.
Analysts predict that Laredo Petroleum, Inc.
These funds have shifted positions in (LPI). Its up 8.77% from 19.64 million shares previously. Grt Ptnrs Lc reported 1.64% of its portfolio in Laredo Petroleum Inc (NYSE:LPI). Airain ltd increased its position in Laredo Petroleum by 612.0% in the second quarter. (NYSE:LPI) will post $0.14 earnings per share (EPS) for the current quarter, Zacks reports. 147,254 are held by State Common Retirement Fund. Blackrock Japan Communication Ltd accumulated 2,828 shares. Corecommodity Management Limited Liability Company stated it has 0.55% of its portfolio in Laredo Petroleum Inc (NYSE:LPI). The oil and gas producer reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by $0.01. Warburg Pincus Llc holds 87.67M shares or 21.67% of its portfolio. The New York-based Bnp Paribas Arbitrage Sa has invested 0% in Laredo Petroleum Inc (NYSE:LPI). Meeder Asset Mngmt Incorporated reported 2,116 shares. After a recent check, it is observed that the insiders for the firm now own 0.40% shares. The stock increased 0.99% or $0.12 on September 15, reaching $12.29.
Company shares last traded at $12.25 which is marginally over $12.25, the 50 day moving average and just a bit lower than the 200 day moving average of $12.43. It has outperformed by 0.95% the S&P500. Finally, Schwab Charles Investment Management Inc. increased its position in Laredo Petroleum by 14.1% in the second quarter. The Company is focused on the acquisition, exploration and development of oil and natural gas properties, and the transportation of oil and natural gas from such properties, primarily in the Permian Basin in West Texas. It has a 24.74 P/E ratio. It operates through two segments: Exploration and production of oil and natural gas properties, and Midstream and marketing. The expected future growth in earnings per share ("EPS") is an incredibly important factor.in identifying an under-valued stock.
For the Current Quarter, the growth estimate for Laredo Petroleum, Inc.is 16.7%, while for the Next Quarter the stock growth estimate is -6.3%.