Devon Energy (DVN)
(Real Time Quote from BATS)
$39.21 USD
-0.24 (-0.61%)
Updated Nov 25, 2024 09:56 AM ET
3-Hold of 5 3
A Value C Growth F Momentum C VGM
Devon Energy (DVN) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$51.71 | $68.00 | $43.00 | 31.08% |
Find the top stocks with the greatest target price potential and Zacks Rank of 1 or 2
Price Target
Based on short-term price targets offered by 24 analysts, the average price target for Devon Energy comes to $51.71. The forecasts range from a low of $43.00 to a high of $68.00. The average price target represents an increase of 31.08% from the last closing price of $39.45.
Analyst Price Targets (24)
Broker Rating
Devon Energy currently has an average brokerage recommendation (ABR) of 1.90 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 26 brokerage firms. The current ABR compares to an ABR of 1.83 a month ago based on 26 recommendations.
Of the 26 recommendations deriving the current ABR, 13 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 50% and 7.69% of all recommendations. A month ago, Strong Buy made up 53.85%, while Buy represented 7.69%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 13 | 13 | 14 | 14 | 14 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 11 | 11 | 10 | 9 | 10 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.90 | 1.90 | 1.83 | 1.78 | 1.85 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
11/18/2024 | Piper Sandler | Mark A Lear | Strong Buy | Strong Buy |
11/12/2024 | Tudor Pickering Holt & Co. | Matthew M Portillo | Hold | Hold |
11/7/2024 | Truist Securities | Neal D Dingmann | Strong Buy | Hold |
11/7/2024 | Wells Fargo Securities | Roger D Read | Strong Buy | Strong Buy |
11/6/2024 | Scotiabank | Paul Y Cheng | Strong Buy | Strong Buy |
10/22/2024 | Cowen & Co. | David Deckelbaum | Hold | Hold |
10/21/2024 | Raymond James | John C Freeman | Moderate Buy | Moderate Buy |
10/18/2024 | Susquehanna Financial Group | Biju Perincheril | Strong Buy | Strong Buy |
10/15/2024 | The Benchmark Company | Subash Chandra | Hold | Hold |
10/14/2024 | Sibert Williams Shank | Gabriele Sorbara | Strong Buy | Strong Buy |
10/4/2024 | BMO Capital Markets | Phillip J Jungwirth | Strong Buy | Strong Buy |
9/23/2024 | Johnson Rice & Company | Charles Meade | Strong Buy | Strong Buy |
9/17/2024 | Capital One Securities | Phillips L Johnston | Strong Buy | Strong Buy |
9/16/2024 | Mizuho SecuritiesUSA | Nitin Kumar | Strong Buy | Strong Buy |
9/5/2024 | Goldman Sachs | Neil S Mehta | Strong Buy | Strong Buy |
8/28/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/12/2024 | UBS | Josh Silverstein | Hold | Hold |
8/8/2024 | Not Identified | Not Identified | Hold | Hold |
8/7/2024 | Evercore Partners | Stephen Richardson | Hold | Hold |
7/18/2024 | Not Identified | Not Identified | Not Available | Hold |
7/17/2024 | Not Identified | Not Identified | Hold | Hold |
7/9/2024 | Not Identified | Not Identified | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.90 |
ABR (Last week) | 1.90 |
# of Recs in ABR | 26 |
Average Target Price | $51.71 |
LT Growth Rate | 6.60% |
Industry | Oil and Gas - Exploration and Production - United States |
Industry Rank by ABR | 189 of 252 |
Current Quarter EPS Est: | 0.99 |
DVN FAQs
Devon Energy Corporation (DVN) currently has an average brokerage recommendation (ABR) of 1.90 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 26 brokerage firms.
The average price target for Devon Energy Corporation (DVN) is $51.71. The current on short-term price targets is based on 10 reports.
The forecasts for Devon Energy Corporation (DVN) range from a low of $43 to a high of $68. The average price target represents a increase of $31.08 from the last closing price of $39.45.
The current UPSIDE for Devon Energy Corporation (DVN) is 31.08%
Based on short-term price targets offered by 24 analysts, the average price target for Devon Energy comes to $51.71. The forecasts range from a low of $43.00 to a high of $68.00. The average price target represents an increase of 31.08% from the last closing price of $39.45.