EQT Corporation (NYSE:EQT) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.21 by 14 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Deutsche Bank downgrades their rating on the shares of EQT Corporation (NYSE:EQT). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on June 14, 2016.
EQT Corporation (NYSE:EQT): 11 Analyst have given the stock of EQT Corporation (NYSE:EQT) a near short term price target of $83. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $6.99. The higher price target estimate is at $99 while the lower price estimates are fixed at $75.
EQT Corporation (NYSE:EQT) rose 0.98% or 0.76 points on Tuesday and made its way into the gainers of the day. After trading began at $77.25 the stock was seen hitting $78.77 as a peak level and $77.12 as the lowest level. The stock ended up at $78.68. The daily volume was measured at 1,395,700 shares. The 52-week high of the share price is $85.02 and the 52-week low is $47.1. The company has a market cap of $13,591 million.
Shares of EQT Corporation rose by 5.33% in the last five trading days and 13.29% for the last 4 weeks. EQT Corporation is up 23.51% in the last 3-month period. Year-to-Date the stock performance stands at 51.07%.
EQT Corporation (EQT) is an energy company. The Company operates in two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with approximately 10.7 trillion cubic feet equivalent (Tcfe) of proved natural gas, natural gas liquids (NGLs) and crude oil reserves across approximately 3.4 million acres, including around 630,000 gross acres in the Marcellus play. Its proved reserves include Lower Huron, Cleveland, Berea sandstone and other Devonian age formations. EQT Midstream assets are located in the Marcellus Shale region, spanning an area of southwestern Pennsylvania and northern West Virginia. EQT Midstream provides gathering, transmission and storage services for its produced gas and for the independent third parties across the Appalachian Basin.