BMO Capital Reiterates Their Buy Rating on Wildhorse Resource Development Corp

By Jason Carr

BMO Capital analyst Randy Ollenberger reiterated a Buy rating on Wildhorse Resource Development Corp (NYSE: WRD) yesterday and set a price target of $15. The company’s shares closed yesterday at $11.39.

According to TipRanks.com, Ollenberger is ranked 0 out of 5 stars with an average return of -11.2% and a 25.6% success rate. Ollenberger covers the Basic Materials sector, focusing on stocks such as Sanchez Energy Corporation, Spectra Energy Partners, and Rice Midstream Partners.

Wildhorse Resource Development Corp has an analyst consensus of Strong Buy, with a price target consensus of $19.50.

The company has a one year high of $16.48 and a one year low of $10.36. Currently, Wildhorse Resource Development Corp has an average volume of 708.7K.

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WildHorse Resource Development Corp. is an independent oil and natural gas company. It focuses on the acquisition, exploitation, development and production of oil and natural gas. The company was founded on August 4, 2016 and is headquartered in Houston, TX.