Recent Investment Analysts’ Ratings Changes for Matador Resources (MTDR)

A number of research firms have changed their ratings and price targets for Matador Resources (NYSE: MTDR):

  • 2/1/2018 – Matador Resources is now covered by analysts at Deutsche Bank AG. They set a “hold” rating and a $37.00 price target on the stock.
  • 1/31/2018 – Matador Resources was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Matador Resources Company is an energy company engaged in the exploration, development and acquisition of oil and natural gas resources in the United States. It focuses on oil and natural gas shale plays and other unconventional resource plays. Matador has operations primarily in Texas and Louisiana. The Company has acreage positions in west Texas, New Mexico, Wyoming, Utah and Idaho. Matador Resources Company is headquartered in Dallas, Texas. “
  • 1/29/2018 – Matador Resources was given a new $36.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 1/24/2018 – Matador Resources was given a new $40.00 price target on by analysts at SunTrust Banks, Inc.. They now have a “buy” rating on the stock.
  • 1/19/2018 – Matador Resources was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $36.00 price target on the stock. According to Zacks, “Matador Resources Company is an energy company engaged in the exploration, development and acquisition of oil and natural gas resources in the United States. It focuses on oil and natural gas shale plays and other unconventional resource plays. Matador has operations primarily in Texas and Louisiana. The Company has acreage positions in west Texas, New Mexico, Wyoming, Utah and Idaho. Matador Resources Company is headquartered in Dallas, Texas. “
  • 1/16/2018 – Matador Resources was upgraded by analysts at Mizuho from a “neutral” rating to a “buy” rating.
  • 12/20/2017 – Matador Resources was given a new $32.00 price target on by analysts at Royal Bank of Canada. They now have a “buy” rating on the stock.
  • 12/11/2017 – Matador Resources was given a new $33.00 price target on by analysts at Northland Securities. They now have a “buy” rating on the stock.

Matador Resources Co (NYSE MTDR) traded up $0.30 during trading on Friday, reaching $28.25. The company had a trading volume of 1,230,367 shares, compared to its average volume of 1,241,702. Matador Resources Co has a fifty-two week low of $20.13 and a fifty-two week high of $33.96. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.60 and a quick ratio of 0.58. The company has a market capitalization of $3,191.59, a PE ratio of 14.41, a P/E/G ratio of 0.74 and a beta of 1.20.

In other Matador Resources news, Director David M. Posner purchased 1,035 shares of Matador Resources stock in a transaction that occurred on Monday, December 4th. The stock was acquired at an average price of $28.92 per share, for a total transaction of $29,932.20. Following the completion of the acquisition, the director now owns 6,274 shares of the company’s stock, valued at approximately $181,444.08. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 11.90% of the company’s stock.

Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The Company’s segments include exploration and production, and midstream.

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