▼ -9.96% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Denbury in the last 3 months. The average price target is $44.17, with a high forecast of $60.00 and a low forecast of $33.00. The average price target represents a -9.96% upside from the last price of $49.05.
The current consensus among 4 contributing investment analysts is to buy stock in Denbury.
Denbury Inc., an independent energy company, focuses on producing oil from mature oil fields in the Gulf Coast and Rocky Mountain regions. The company holds interests in various oil and natural gas properties located in Mississippi, Texas, and Louisiana in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region. As of December 31, 2020, it had 143 million barrels of oil equivalent of estimated proved oil and natural gas reserves. The company was formerly known as Denbury Resources Inc. and changed its name to Denbury Inc. in September 2020. Denbury Inc. was incorporated in 2003 and is headquartered in Plano, Texas.