Boston, MA 11/07/2013 (wallstreetpr) – The stock of shares belonging to SandRidge Energy Inc (NYSE:SD) has received a hold rating from the analysts of Goldman Sachs Group Inc. The current target price of the stock of share belonging to SandRidge Energy Inc is $6.00. The analysts of Goldman Sachs Group Inc have downgraded the price objective of 0.66% from the closing of the recent or last trading session.
There are also some other equity research analysts who have issued reports related to the stock of shares of SandRidge Energy Inc. In a research note made avialable, the analysts of UBS AG have increased the price target on the shares of SandRidge Energy to $6.50 from $6.00. The analysts have provided a neutral rating to the stock of shares belonging to SandRidge Energy Inc.
Moreover, the equity research analysts of Wunderlich have also raised their price from $5.00 to $7.00 on the shares of SandRidge Energy Inc. These analysts have provided a hold rating on the stock of shares belonging to the company. The analysts of Barclays have also raised their price target from $5.00 to $6.00 to the stock of shares of SandRidge Energy Inc and have provided an equal weight rating to the stock of shares.
Four other analysts have given the stock with a sell rating and one has given it a buy rating. Other 17 analysts have rated the company’s stock a “hold” rating. Overall the stock of shares of SandRidge Energy Inc has a consensus rating of hold and an average target price of $6.23.
SandRidge Energy Inc has also announced their quarter earnings recently in which the company reported earnings of $0.07 per share beating the expectations of the analysts of $0.02 to $0.05. The company received a revenue of $493.60 million for the entire quarter.
