Devon Energy Corporation – Consensus Indicates Potential 24.9% 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 96 and 61 calculating the average target price we see 76.01. Given that the stocks previous close was at 60.85 this would imply there is a potential upside of 24.9%. The day 50 moving average is 63.07 while the 200 day moving average is 65.12. The company has a market cap of $39,314m. You can visit the company’s website by visiting: https://www.devonenergy.com

The potential market cap would be $49,108m 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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