Amplify Energy Corp (AMPY)

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Zacks Rating Update On Midstates Petroleum Company, Inc.

Midstates Petroleum Company I (NYSE:MPO) has received a buy rating for the short term, according to the latest rank of 2 from research firm, Zacks. The counter could manage an average rating of 2.87 from 10 analysts. As per the latest data, 1 analysts has given a sell rating on the shares of the company. 1 market experts have complete faith in the companys business and have marked it as a strong buy. 8 analysts have rated the company at hold.

Midstates Petroleum Company, Inc. (NYSE:MPO): The mean short term price target for Midstates Petroleum Company, Inc. (NYSE:MPO) has been established at $3.45 per share. The higher price target estimate is at $7 and the lower price target estimate is expected at $2 according to 8 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $2.23

Company has received coverage from different analysts. Major Brokerage house, SocGen downgrades its ratings on Midstates Petroleum Company, Inc. (NYSE:MPO). In the latest research report, SocGen lowers the target price from $7.75 per share to $1.6 per share on the counter. According to the latest information available, the shares are now rated Hold by the analysts at the agency. Previously, the analysts had a Buy rating on the counter.




Midstates Petroleum Company, Inc. (NYSE:MPO) tumbled 0.02 points in daily session. The price extremes of the session were $1.07 and $1. However, some value buying and short covering helped the stock pare major loss and closed at $1, which is marginally above the opening price of $1.07. The volume reading came in at 1,725,055 shares. The previous close of the counter is $1.02. The 52-week top of the Corporation is registered at $7.5 and the company has a strong presence with a market cap of $72 million. The 52-week low price of the shares is $0.72. There are 72,196,000 shares in outstanding.

http://www.tradejourno.com/zacks-rating-update-on-midstates-petroleum-company-inc/34757/