Comments
Loading...

Matador Resources

MTDRNYSE
Logo brought to you by Benzinga Data
$60.16
0.981.66%
At close: -
$60.16
00.00%
After Hours: 4:00 PM EDT
The dividend Ex-Date was 6 days ago
Consensus Rating1
Overweight
Highest Price Target1
$87.00
Lowest Price Target1
$58.00
Consensus Price Target1
$73.59

Matador Resources (NYSE:MTDR) Stock, Analyst Ratings, Price Targets, Forecasts

Matador Resources Co has a consensus price target of $73.59 based on the ratings of 19 analysts. The high is $87 issued by Wells Fargo on October 1, 2024. The low is $58 issued by Stifel on February 23, 2022. The 3 most-recent analyst ratings were released by JP Morgan, RBC Capital, and Stephens & Co. on October 30, 2024, October 24, 2024, and October 23, 2024, respectively. With an average price target of $73 between JP Morgan, RBC Capital, and Stephens & Co., there's an implied 21.34% upside for Matador Resources Co from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Jun
7
Jul
6
Sep
8
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.4
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
RBC Capital
Stephens & Co.
Benchmark
Keybanc

1calculated from analyst ratings

Analyst Ratings for Matador Resources

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Matador Resources (MTDR) stock?

A

The latest price target for Matador Resources (NYSE:MTDR) was reported by JP Morgan on October 30, 2024. The analyst firm set a price target for $71.00 expecting MTDR to rise to within 12 months (a possible 18.02% upside). 44 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Matador Resources (MTDR)?

A

The latest analyst rating for Matador Resources (NYSE:MTDR) was provided by JP Morgan, and Matador Resources maintained their overweight rating.

Q

When was the last upgrade for Matador Resources (MTDR)?

A

The last upgrade for Matador Resources Co happened on August 16, 2023 when Mizuho raised their price target to N/A. Mizuho previously had a neutral for Matador Resources Co.

Q

When was the last downgrade for Matador Resources (MTDR)?

A

There is no last downgrade for Matador Resources.

Q

When is the next analyst rating going to be posted or updated for Matador Resources (MTDR)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Matador Resources, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Matador Resources was filed on October 30, 2024 so you should expect the next rating to be made available sometime around October 30, 2025.

Q

Is the Analyst Rating Matador Resources (MTDR) correct?

A

While ratings are subjective and will change, the latest Matador Resources (MTDR) rating was a maintained with a price target of $77.00 to $71.00. The current price Matador Resources (MTDR) is trading at is $60.16, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch