NYSE:LPI - Laredo Petroleum Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $29.00
Forecasted Upside: -55.82 %
Number of Analysts: 7
Breakdown:
1 Sell Ratings
2 Hold Ratings
4 Buy Ratings
0 Strong Buy Ratings

^$65.64 As of 06/18/2021 01:00 AM ET

▲ +3.58 (5.77%)

1 month | 3 months | 12 months

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Analyst Price Target for LPI

^$29.00

▼ -55.82% Downside Potential

This price target is based on 7 analysts offering 12 month price targets for Laredo Petroleum in the last 3 months. The average price target is $29.00, with a high forecast of $52.00 and a low forecast of $12.00. The average price target represents a -55.82% upside from the last price of $65.64.

Hold

The current consensus among 7 contributing investment analysts is to hold stock in Laredo Petroleum. This rating has held steady since March 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
6 buy ratings
4 hold ratings
1 sell ratings

Ratings as of

12/26/2019

0 strong buy ratings
7 buy ratings
2 hold ratings
2 sell ratings

Ratings as of

3/25/2020

0 strong buy ratings
6 buy ratings
2 hold ratings
2 sell ratings

Ratings as of

6/23/2020

0 strong buy ratings
7 buy ratings
1 hold ratings
2 sell ratings

Ratings as of

9/21/2020

0 strong buy ratings
5 buy ratings
2 hold ratings
1 sell ratings

Ratings as of

12/20/2020

0 strong buy ratings
5 buy ratings
2 hold ratings
1 sell ratings

Ratings as of

3/20/2021

0 strong buy ratings
4 buy ratings
2 hold ratings
1 sell ratings

Ratings as of

5/19/2021

0 strong buy ratings
4 buy ratings
2 hold ratings
1 sell ratings

Ratings as of

6/18/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
5/26/2021	Capital One Financial	Reiterated Rating	Overweight		Low
5/19/2021	Wells Fargo & Company	Boost Price Target	Underweight	$46.00 ➝ $52.00	High
5/13/2021	Siebert Williams Shank	Upgrade	Hold ➝ Buy		Medium
5/11/2021	Piper Sandler	Boost Price Target		$39.00 ➝ $44.00	Low
2/24/2021	Raymond James	Reiterated Rating	Buy		High
2/2/2021	Siebert Williams Shank	Reiterated Rating	Hold	$26.00	Low
11/11/2020	Piper Sandler	Lower Price Target	Neutral	$20.00 ➝ $14.00	High
10/21/2020	Raymond James	Lower Price Target	Outperform	$21.00 ➝ $12.00	High
10/16/2020	Wells Fargo & Company	Reiterated Rating	Sell		Medium
9/14/2020	Wells Fargo & Company	Downgrade	Equal Weight ➝ Underweight	$21.00 ➝ $22.00	Medium
8/13/2020	Wells Fargo & Company	Boost Price Target	Equal Weight	$20.00 ➝ $21.00	Low
7/27/2020	Seaport Global Securities	Initiated Coverage	Buy	$20.00	Low
7/20/2020	Raymond James	Upgrade	Market Perform ➝ Outperform	$18.00	High
7/13/2020	Scotiabank	Boost Price Target	Sector Perform	$15.00 ➝ $20.00	High
6/25/2020	Wells Fargo & Company	Boost Price Target	Equal Weight	$20.00 ➝ $21.00	High
6/5/2020	Wells Fargo & Company	Reiterated Rating	Equal Weight	$20.00	High
6/3/2020	MKM Partners	Boost Price Target		$32.00 ➝ $36.00	Low
6/2/2020	Siebert Williams Shank	Reiterated Rating	Hold	$14.00	N/A
5/19/2020	Capital One Financial	Upgrade	Equal Weight ➝ Overweight	$20.00 ➝ $30.00	Medium
4/13/2020	MKM Partners	Upgrade	Neutral ➝ Buy	$40.00	High
3/20/2020	MKM Partners	Upgrade	Neutral ➝ Buy	$40.00	High
3/10/2020	Wells Fargo & Company	Lower Price Target	Equal Weight	$100.00 ➝ $80.00	High
3/9/2020	Raymond James	Downgrade	Outperform ➝ Market Perform		High
2/13/2020	Siebert Williams Shank	Reiterated Rating	Hold		High
1/27/2020	Siebert Williams Shank	Downgrade	Buy ➝ Hold	$90.00 ➝ $50.00	High
1/9/2020	Wells Fargo & Company	Lower Price Target	Equal Weight	$100.00 ➝ $80.00	Low
12/17/2019	The Goldman Sachs Group	Downgrade	Neutral ➝ Sell	$50.00 ➝ $40.00	Low
12/10/2019	Stifel Nicolaus	Boost Price Target	Buy	$110.00 ➝ $112.00	High
12/10/2019	Williams Capital	Reiterated Rating	Buy	$90.00	High
10/15/2019	Williams Capital	Set Price Target	Buy	$90.00	Medium
7/31/2019	JPMorgan Chase & Co.	Upgrade	Underweight ➝ Neutral		High
7/9/2019	Credit Suisse Group	Upgrade	Underperform ➝ Neutral	$56.60	High
5/23/2019	Capital One Financial	Upgrade	Underweight ➝ Equal Weight	$140.00	High
5/16/2019	Williams Capital	Upgrade	Hold ➝ Buy	$80.00 ➝ $110.00	Low
5/9/2019	Robert W. Baird	Upgrade	Neutral ➝ Outperform	$60.00 ➝ $140.00	High
2/15/2019	MKM Partners	Reiterated Rating	Buy ➝ Neutral	$100.00 ➝ $60.00	Medium
2/15/2019	Societe Generale	Downgrade	Buy ➝ Hold		Medium
1/23/2019	Raymond James	Set Price Target	Buy	$100.00	Low
1/23/2019	Williams Capital	Reiterated Rating	Hold	$100.00	Medium
1/9/2019	Piper Jaffray Companies	Downgrade	Overweight ➝ Neutral		Low
1/4/2019	Robert W. Baird	Lower Price Target	Neutral ➝ Neutral	$200.00 ➝ $60.00	Medium
12/20/2018	Capital One Financial	Downgrade	Overweight ➝ Underweight		Medium
12/19/2018	Credit Suisse Group	Downgrade	Neutral ➝ Underperform		High
12/12/2018	Williams Capital	Set Price Target	Hold	$120.00	Low
12/5/2018	MKM Partners	Initiated Coverage	Buy ➝ Buy	$180.00	High
11/6/2018	Williams Capital	Reiterated Rating	Hold	$160.00	High
8/21/2018	Williams Capital	Reiterated Rating	Hold	$200.00	Medium
8/5/2018	Piper Jaffray Companies	Set Price Target	Buy	$280.00	Low
8/2/2018	Bank of America	Lower Price Target	Underperform ➝ Underperform	$240.00 ➝ $220.00	Low
5/10/2018	Tudor Pickering	Downgrade	Buy ➝ Hold		Low
5/3/2018	Williams Capital	Set Price Target	Hold	$220.00	High
5/3/2018	Robert W. Baird	Downgrade	Outperform ➝ Neutral		High
4/2/2018	Robert W. Baird	Set Price Target	Buy	$240.00	High
3/15/2018	Stephens	Reiterated Rating	Hold	$200.00	Medium
3/8/2018	Bank of America	Lower Price Target	Underperform ➝ Underperform	$260.00 ➝ $220.00	Low
2/16/2018	National Securities	Reiterated Rating	Buy ➝ Buy	$260.00 ➝ $260.00	Medium
2/15/2018	Williams Capital	Reiterated Rating	Hold	$220.00	Medium
2/1/2018	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Hold ➝ Hold	$220.00	High
1/30/2018	Piper Jaffray Companies	Reiterated Rating	Buy	$300.00	Medium
1/29/2018	Stifel Nicolaus	Set Price Target	Buy	$300.00	High
1/25/2018	Williams Capital	Reiterated Rating	Hold	$260.00	High
1/16/2018	National Securities	Initiated Coverage	Buy		Medium
1/11/2018	BMO Capital Markets	Reiterated Rating	Hold	$240.00	Low
1/9/2018	Piper Jaffray Companies	Reiterated Rating	Buy	$320.00	N/A
12/18/2017	Robert W. Baird	Lower Price Target	Outperform ➝ Outperform	$340.00 ➝ $280.00	Low
12/15/2017	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$260.00	High
12/11/2017	Credit Suisse Group	Initiated Coverage	Neutral ➝ Neutral	$240.00	High
11/23/2017	Barclays	Reiterated Rating	Buy		N/A
11/22/2017	Scotiabank	Set Price Target	Hold	$280.00	N/A
11/22/2017	Piper Jaffray Companies	Reiterated Rating	Buy	$300.00	N/A
11/20/2017	Barclays	Lower Price Target	Overweight	$300.00 ➝ $280.00	N/A
11/10/2017	KeyCorp	Reiterated Rating	Hold		N/A
11/2/2017	BMO Capital Markets	Lower Price Target	Market Perform	$280.00 ➝ $220.00	N/A
10/18/2017	Williams Capital	Boost Price Target	Hold ➝ Hold	$260.00 ➝ $280.00	N/A
10/10/2017	BMO Capital Markets	Set Price Target	Hold	$280.00	N/A
10/9/2017	Seaport Global Securities	Reiterated Rating	Neutral	$200.00 ➝ $190.00	N/A
10/4/2017	Stifel Nicolaus	Reiterated Rating	Buy	$340.00	Low
9/18/2017	Piper Jaffray Companies	Lower Price Target	Overweight	$340.00 ➝ $300.00	Low
9/17/2017	Cowen	Reiterated Rating	Hold	$240.00	Low
9/1/2017	KeyCorp	Reiterated Rating	Hold		Medium
8/13/2017	BMO Capital Markets	Set Price Target	Hold	$280.00	Low
8/8/2017	Bank of America	Boost Price Target	Underperform	$220.00 ➝ $260.00	Low
8/8/2017	Williams Capital	Set Price Target	Hold	$280.00	Low
7/19/2017	Bank of America	Initiated Coverage	Underperform ➝ Underperform	$220.00	High
7/18/2017	Cowen	Set Price Target	Hold	$240.00	Low
7/14/2017	Stifel Nicolaus	Reiterated Rating	Buy	$340.00	Low
7/1/2017	Scotiabank	Set Price Target	Hold	$260.00	Low
6/27/2017	BMO Capital Markets	Reiterated Rating	Hold	$200.00	High
6/21/2017	Seaport Global Securities	Downgrade	Buy ➝ Neutral	$380.00 ➝ $180.00	High
6/2/2017	Credit Suisse Group	Reiterated Rating	Underperform	$300.00	Low
5/31/2017	JPMorgan Chase & Co.	Lower Price Target	Neutral	$280.00 ➝ $260.00	Low
5/15/2017	Scotiabank	Reiterated Rating	Hold	$300.00	N/A
5/15/2017	Stephens	Upgrade	Underweight ➝ Hold		Medium
5/12/2017	(FBRC)	Reiterated Rating	Buy	$320.00	Low
5/5/2017	Scotiabank	Reiterated Rating	Hold	$300.00	High
5/4/2017	Williams Capital	Set Price Target	Hold	$320.00	High
5/4/2017	BMO Capital Markets	Reiterated Rating	Hold		High
4/20/2017	Barclays	Reiterated Rating	Buy	$380.00 ➝ $360.00	Low
4/12/2017	Stifel Nicolaus	Initiated Coverage	Buy ➝ Buy	$360.00	Medium
3/31/2017	Seaport Global Securities	Upgrade	Neutral ➝ Buy		Medium
3/31/2017	Credit Suisse Group	Reiterated Rating	Sell	$260.00	High
3/27/2017	Scotiabank	Set Price Target	Hold	$300.00	Medium
3/23/2017	UBS Group	Initiated Coverage	Neutral	$280.00	N/A
3/1/2017	Credit Suisse Group	Reiterated Rating	Sell	$260.00	N/A
2/21/2017	Piper Jaffray Companies	Upgrade	Neutral ➝ Overweight		N/A
2/17/2017	Credit Suisse Group	Reiterated Rating	Sell		N/A
2/16/2017	Scotiabank	Reiterated Rating	Hold	$280.00	N/A
2/16/2017	KLR Group	Boost Price Target	Buy	$340.00 ➝ $360.00	N/A
2/15/2017	(FBRC)	Lower Price Target	Outperform	$340.00 ➝ $320.00	N/A
1/31/2017	Credit Suisse Group	Boost Price Target	Underperform	$200.00 ➝ $240.00	N/A
1/20/2017	SunTrust Banks	Upgrade	Hold ➝ Buy		N/A
1/20/2017	KLR Group	Upgrade	Accumulate ➝ Buy	$340.00	N/A
1/18/2017	Tudor Pickering	Upgrade	Hold ➝ Buy		N/A
1/11/2017	BMO Capital Markets	Reiterated Rating	Hold	$300.00	N/A
12/21/2016	Drexel Hamilton	Reiterated Rating	Buy	$375.00	N/A
12/15/2016	Drexel Hamilton	Initiated Coverage	Buy	$375.00	N/A
11/16/2016	Barclays	Reiterated Rating	Buy	$320.00	N/A
11/3/2016	JPMorgan Chase & Co.	Reiterated Rating	Hold		N/A
10/13/2016	Credit Suisse Group	Downgrade	Neutral ➝ Underperform	$180.00	N/A
9/13/2016	(FBRC)	Initiated Coverage	Outperform	$280.00	N/A
9/8/2016	KLR Group	Boost Price Target	Hold	$220.00 ➝ $260.00	N/A
9/8/2016	Raymond James	Boost Price Target	Outperform	$320.00 ➝ $340.00	N/A
8/30/2016	Seaport Global Securities	Upgrade	Sell ➝ Neutral	$160.00 ➝ $220.00	N/A
8/29/2016	Williams Capital	Initiated Coverage	Hold	$280.00	N/A
8/24/2016	Capital One Financial	Upgrade	Equal Weight ➝ Overweight	$300.00	N/A
8/5/2016	Barclays	Boost Price Target	Overweight	$280.00 ➝ $300.00	N/A
6/21/2016	Nomura Securities	Reiterated Rating	Neutral	$200.00 ➝ $220.00	N/A
6/21/2016	Barclays	Initiated Coverage	Overweight	$280.00	N/A

(Data available from 6/18/2016 forward)

Laredo Petroleum, Inc., an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. It engages in the sale of oil, natural gas liquids, and natural gas. The company also engages in the integrated oil and natural gas gathering and transportation systems and related facilities; centralized oil storage tanks; natural gas lift, fuel for drilling, and completions activities; centralized compression infrastructure; and water storage, recycling and transportation facilities. As of December 31, 2020, it had assembled 133,199 net acres in the Permian Basin; and had total proved reserves of 24,642 thousand barrels of oil equivalent. The company was formerly known as Laredo Petroleum Holdings, Inc. and changed its name to Laredo Petroleum, Inc. in December 2013. Laredo Petroleum, Inc. was incorporated in 2006 and is headquartered in Tulsa, Oklahoma.

Today's Range

Now: $65.64

$58.73

$66.69

50 Day Range

MA: $47.81

$33.21

$66.79

52 Week Range

Now: $65.64

$7.71

$68.31

Volume

1,697,166 shs

Average Volume

566,336 shs

Market Capitalization

$846.69 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

4.69

Frequently Asked Questions

What sell-side analysts currently cover shares of Laredo Petroleum?

The following Wall Street research analysts have issued reports on Laredo Petroleum in the last twelve months: Capital One Financial Co., Piper Sandler, Raymond James, Scotiabank, Seaport Global Securities, Siebert Williams Shank, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for LPI.

What is the current price target for Laredo Petroleum?

6 Wall Street analysts have set twelve-month price targets for Laredo Petroleum in the last year. Their average twelve-month price target is $29.00, suggesting a possible downside of 54.7%. Wells Fargo & Company has the highest price target set, predicting LPI will reach $52.00 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $12.00 for Laredo Petroleum in the next year.
View the latest price targets for LPI.

What is the current consensus analyst rating for Laredo Petroleum?

Laredo Petroleum currently has 1 sell rating, 2 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in LPI, but not buy more shares or sell existing shares.
View the latest ratings for LPI.

What other companies compete with Laredo Petroleum?

Other companies that are similar to Laredo Petroleum include ConocoPhillips, EOG Resources, Pioneer Natural Resources, Devon Energy, Diamondback Energy, Continental Resources, Marathon Oil, Cimarex Energy, Cabot Oil & Gas, EQT, PDC Energy, Matador Resources, Range Resources, Southwestern Energy and SM Energy.

How do I contact Laredo Petroleum's investor relations team?

Laredo Petroleum's physical mailing address is 15 WEST SIXTH STREET SUITE 900, TULSA OK, 74119. The oil and gas producer's listed phone number is 918-513-4570 and its investor relations email address is [email protected] The official website for Laredo Petroleum is www.laredopetro.com.