Parsley Energy Inc (NYSE:PE) price target set to $35.00 by SunTrust Banks

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Analyst Ratings For Parsley Energy Inc (NYSE:PE)

Today, SunTrust Banks set its price target on Parsley Energy Inc (NYSE:PE) to $35.00 per share.

There are 22 Buy Ratings, 4 Hold Ratings, 1 Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Parsley Energy Inc (NYSE:PE) is Buy with a consensus target price of $37.88 per share, a potential 77.51% upside.

Some recent analyst ratings include

  • 11/27/2018-Parsley Energy Inc (NYSE:PE) gets upgraded to Buy by Goldman Sachs Group with a price target of $30.00
  • 11/6/2018-Parsley Energy Inc (NYSE:PE) had its Buy rating reiterated by Jefferies Financial Group with a $37.00 price target
  • 11/5/2018-Parsley Energy Inc (NYSE:PE) gets upgraded to Outperform by Macquarie with a price target of $33.00
  • 10/29/2018-Parsley Energy Inc (NYSE:PE) has coverage initiated with a Strong-Buy rating


  • On 9/4/2018 Hemang Desai, Director, bought 1,000 with an average share price of $27.32 per share and the total transaction amounting to $27,320.00.
  • On 8/28/2018 Bryan Sheffield, Insider, sold 2,500,000 with an average share price of $28.15 per share and the total transaction amounting to $70,375,000.00.
  • On 8/24/2018 Mike Hinson, Insider, sold 13,328 with an average share price of $28.75 per share and the total transaction amounting to $383,180.00.
  • On 8/10/2018 Mike Hinson, Insider, sold 250,000 with an average share price of $30.24 per share and the total transaction amounting to $7,560,000.00.
  • On 6/27/2018 Colin Roberts, Insider, sold 10,000 with an average share price of $30.21 per share and the total transaction amounting to $302,100.00.
  • On 5/15/2018 Colin Roberts, Insider, sold 10,000 with an average share price of $31.59 per share and the total transaction amounting to $315,900.00.
  • On 5/8/2018 Mike Hinson, Insider, sold 41,681 with an average share price of $31.95 per share and the total transaction amounting to $1,331,707.95.

About Parsley Energy Inc (NYSE:PE)
Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties in the Permian Basin in West Texas and Southeastern New Mexico. As of December 31, 2017, its acreage position consisted of 219,747 net acres, including 174,392 net acres in the Midland Basin and 45,355 net acres in the Delaware Basin; and 241.0 net producing horizontal wells and 731.5 net producing vertical wells, as well an estimated proved oil and natural gas reserves were 416.4 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.

Recent Trading Activity for Parsley Energy Inc (NYSE:PE)
Shares of Parsley Energy Inc closed the previous trading session at 21.24 up +0.12 0.59% with 21.16 shares trading hands.