Devon Energy Corporation with ticker code (DVN) now have 28 confirmed 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 87 and 52 with the average target price sitting at $68.75. Given that the stocks previous close was at $47.00 this now indicates there is a potential upside of 46.3%. It’s also worth noting that there is a 50 day moving average of $58.30 and the 200 moving average now moves to $63.43. The total market capitalization for the company now stands at $31,585m. Find out more information at: https://www.devonenergy.com
The potential market cap would be $46,202m based on the market consensus.
Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.
The company has a dividend yield of 7.71% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 5.28, revenue per share of 28.99 and a 22.4% return on assets.
