Analyst Activity – Bank of America Corporation Initiates Coverage On Matador Resources Company (NYSE:MTDR) With a Neutral

Analyst Ratings For Matador Resources Company (NYSE:MTDR)

Story continues below

Today, Bank of America Corporation initiated coverage on Matador Resources Company (NYSE:MTDR) with a Neutral.

There are 6 hold ratings, 11 buy ratings on the stock.

The current consensus rating on Matador Resources Company (NYSE:MTDR) is Buy (Score: 2.65) with a consensus target price of $29.05 per share, a potential 28.41% upside.

Some recent analyst ratings include

  • 7/19/2017-Bank of America Corporation initiated coverage with a Neutral rating.
  • 7/18/2017-Imperial Capital initiated coverage with a Outperform rating.
  • 6/16/2017-Royal Bank Of Canada Reiterated Rating of Buy.
  • 6/1/2017-Credit Suisse Group initiated coverage with a Outperform rating.

Recent Insider Trading Activity For Matador Resources Company (NYSE:MTDR)
Matador Resources Company (NYSE:MTDR) has insider ownership of 11.90% and institutional ownership of 86.66%.

  • On 6/9/2017 Joseph Wm Foran, Chairman, sold 11,000 with an average share price of $23.12 per share and the total transaction amounting to $254,320.00. View SEC Filing
  • On 5/24/2017 Julia P Forrester, Director, bought 1,255 with an average share price of $23.96 per share and the total transaction amounting to $30,069.80. View SEC Filing
  • On 2/28/2017 Kenneth L Stewart, Director, bought 10,000 with an average share price of $24.23 per share and the total transaction amounting to $242,300.00. View SEC Filing
  • On 2/27/2017 Julia P Forrester, Director, bought 2,000 with an average share price of $24.72 per share and the total transaction amounting to $49,440.00. View SEC Filing
  • On 12/14/2016 Steven W Ohnimus, Director, sold 20,000 with an average share price of $25.78 per share and the total transaction amounting to $515,600.00. View SEC Filing
  • On 12/13/2016 David M Laney, Director, bought 10,000 with an average share price of $26.45 per share and the total transaction amounting to $264,500.00. View SEC Filing
  • On 12/9/2016 William M Byerley, Director, bought 1,919 with an average share price of $26.05 per share and the total transaction amounting to $49,989.95. View SEC Filing

Recent Trading Activity for Matador Resources Company (NYSE:MTDR)
Shares of Matador Resources Company closed the previous trading session at 22.84 up +0.22 0.97% with 1,269,295 shares trading hands.

An ad to help with our costs