Impact of Brokerage Rating on Pioneer Natural Resources Company(PXD)

Many Pioneer Natural Resources Company(PXD) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Pioneer Natural Resources was Upgraded by Societe Generale to Buy on Feb 8, 2017. Company shares were Reiterated by RBC Capital Mkts on Jan 27, 2017 to Outperform, Raises Price Target to $ 225 from a previous price target of $217 .Pioneer Natural Resources was Downgraded by Williams Capital Group on Jan 24, 2017 to Hold, Lowers Price Target to $ 206 from a previous price target of $226 .Pioneer Natural Resources was Upgraded by Societe Generale to Hold on Jan 11, 2017.

Company has reported several Insider transactions to the SEC, on Dec 8, 2016, Timothy L Dove (President & COO) sold 3,000 shares at 185.08 per share price.On Nov 28, 2016, Scott D Sheffield (Chairman & CEO) sold 10,000 shares at 185.14 per share price.On Aug 22, 2016, Jerome D Jr Hall (EVP, Permian Operations) sold 1,000 shares at 183.24 per share price.

Pioneer Natural Resources Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.14. Analyst had a consensus of $0.35. The company had revenue of $1168.00 million for the quarter, compared to analysts expectations of $1011.69 million. The companys revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.18 EPS.

Pioneer Natural Resources Company (NYSE:PXD) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.23 by 31 Brokerage Firm. 27 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.

Pioneer Natural Resources Company (NYSE:PXD): According to 26 Analysts, The short term target price has been estimated at $ 217.5.The target price could deviate by a maximum of $14.51 from the forecast price. In the near term, the target price could hit a high of $240 and a low of $ 189.

Pioneer Natural Resources Company (NYSE:PXD) rose 0.94% or 1.86 points on Tuesday and made its way into the gainers of the day. After trading began at $197.3 the stock was seen hitting $199.83 as a peak level and $194.47 as the lowest level. The stock ended up at $198.9. The daily volume was measured at 1,923,318 shares. The 52-week high of the share price is $199.83 and the 52-week low is $115.03. The company has a market cap of $33,757 million.

Pioneer Natural Resources is an oil and gas exploration and production company with ownership interests in oil and gas properties located in the United States, Argentina, Canada, South Africa and Gabon. The company provides administrative, financial and management support to United States and foreign subsidiaries that explore for, develop and produce oil, natural gas liquid and natural gas reserves.


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