Devon Energy Corporation – Consensus Indicates Potential 11.3% Upside

Broker Ratings
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Devon Energy Corporation with ticker code (DVN) have now 28 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 100 and 65 calculating the mean target price we have 77.82. With the stocks previous close at 69.92 this indicates there is a potential upside of 11.3%. The 50 day moving average now sits at 61.86 while the 200 day moving average is 46.87. The company has a market capitalisation of $46,900m. You can visit the company’s website by visiting: https://www.devonenergy.com

The potential market cap would be $52,199m based on the market concensus.

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 5,134 gross wells. Devon Energy Corporation was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

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