Brokers bullish on Diamondback Energy Inc shares

Brokers bullish on Diamondback Energy Inc shares

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The Diamondback Energy Inc (NSQ:FANG) share price has risen by 41.5% over the past month and it’s currently trading at 42.89. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Diamondback Energy Inc currently has:

  • 8 Buy recommendations
  • 4 Hold recommendations
  • 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

At its current price of 42.89, shares in Diamondback Energy Inc are trading at a discount of -61.0% to its 52 week high price. The 1-year performance of the shares has been -61.6%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Diamondback Energy Inc it's worth doing some investigation yourself.


While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Diamondback Energy it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Diamondback Energy that you can find out about here.


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Diamondback Energy's StockRank™

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Diamondback Energy's StockRank™

With a StockRank of 91, Diamondback Energy is more attractive than 91% of the 9,637 stocks we cover in North America, according to our proprietary ranking system.

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