RBC Capital Thinks Gulfport Energy Corp’s Stock is Going to Recover

By Carrie Williams

RBC Capital analyst Scott Hanold reiterated a Buy rating on Gulfport Energy Corp (NASDAQ: GPOR) yesterday and set a price target of $25. The company’s shares closed yesterday at $13.39, close to its 52-week low of $13.30.

According to TipRanks.com, Hanold is ranked 0 out of 5 stars with an average return of -7.7% and a 25.8% success rate. Hanold covers the Basic Materials sector, focusing on stocks such as Contango Oil & Gas Company, Sanchez Energy Corporation, and Quicksilver Resources Inc.

Gulfport Energy Corp has an analyst consensus of Moderate Buy, with a price target consensus of $25.14.

The company has a one year high of $34.67 and a one year low of $13.30. Currently, Gulfport Energy Corp has an average volume of 3.81M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Gulfport Energy Corp. is an independent oil, natural gas exploration, and production company, which focuses on the exploration, exploitation, acquisition and production of natural gas, natural gas liquids, and crude oil in the United States. It operates through the following geographical segment: West Cote Blanche Bay, Hackberry, Canadian Oil Sands, Thailand, and Niobrara Shale. Its principal producing properties located along the Louisiana Gulf Coast. The company was founded on July 11, 1997 and is headquartered in Oklahoma City, OK.