NYSE:LPI - Laredo Petroleum Stock Price Target and Predictions

  • 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
▲ +3.58 (5.77%)
1 month | 3 months | 12 months
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Analyst Price Target for LPI

Average Price Target: $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
12/26/2019
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 2 sell ratings
3/25/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 2 sell ratings
6/23/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 2 sell ratings
9/21/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/20/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/20/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 1 sell ratings
5/19/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 1 sell ratings
6/18/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/26/2021Capital One FinancialReiterated RatingOverweightLow
5/19/2021Wells Fargo & CompanyBoost Price TargetUnderweight$46.00 ➝ $52.00High
5/13/2021Siebert Williams ShankUpgradeHold ➝ BuyMedium
5/11/2021Piper SandlerBoost Price Target$39.00 ➝ $44.00Low
2/24/2021Raymond JamesReiterated RatingBuyHigh
2/2/2021Siebert Williams ShankReiterated RatingHold$26.00Low
11/11/2020Piper SandlerLower Price TargetNeutral$20.00 ➝ $14.00High
10/21/2020Raymond JamesLower Price TargetOutperform$21.00 ➝ $12.00High
10/16/2020Wells Fargo & CompanyReiterated RatingSellMedium
9/14/2020Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$21.00 ➝ $22.00Medium
8/13/2020Wells Fargo & CompanyBoost Price TargetEqual Weight$20.00 ➝ $21.00Low
7/27/2020Seaport Global SecuritiesInitiated CoverageBuy$20.00Low
7/20/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$18.00High
7/13/2020ScotiabankBoost Price TargetSector Perform$15.00 ➝ $20.00High
6/25/2020Wells Fargo & CompanyBoost Price TargetEqual Weight$20.00 ➝ $21.00High
6/5/2020Wells Fargo & CompanyReiterated RatingEqual Weight$20.00High
6/3/2020MKM PartnersBoost Price Target$32.00 ➝ $36.00Low
6/2/2020Siebert Williams ShankReiterated RatingHold$14.00N/A
5/19/2020Capital One FinancialUpgradeEqual Weight ➝ Overweight$20.00 ➝ $30.00Medium
4/13/2020MKM PartnersUpgradeNeutral ➝ Buy$40.00High
3/20/2020MKM PartnersUpgradeNeutral ➝ Buy$40.00High
3/10/2020Wells Fargo & CompanyLower Price TargetEqual Weight$100.00 ➝ $80.00High
3/9/2020Raymond JamesDowngradeOutperform ➝ Market PerformHigh
2/13/2020Siebert Williams ShankReiterated RatingHoldHigh
1/27/2020Siebert Williams ShankDowngradeBuy ➝ Hold$90.00 ➝ $50.00High
1/9/2020Wells Fargo & CompanyLower Price TargetEqual Weight$100.00 ➝ $80.00Low
12/17/2019The Goldman Sachs GroupDowngradeNeutral ➝ Sell$50.00 ➝ $40.00Low
12/10/2019Stifel NicolausBoost Price TargetBuy$110.00 ➝ $112.00High
12/10/2019Williams CapitalReiterated RatingBuy$90.00High
10/15/2019Williams CapitalSet Price TargetBuy$90.00Medium
7/31/2019JPMorgan Chase & Co.UpgradeUnderweight ➝ NeutralHigh
7/9/2019Credit Suisse GroupUpgradeUnderperform ➝ Neutral$56.60High
5/23/2019Capital One FinancialUpgradeUnderweight ➝ Equal Weight$140.00High
5/16/2019Williams CapitalUpgradeHold ➝ Buy$80.00 ➝ $110.00Low
5/9/2019Robert W. BairdUpgradeNeutral ➝ Outperform$60.00 ➝ $140.00High
2/15/2019MKM PartnersReiterated RatingBuy ➝ Neutral$100.00 ➝ $60.00Medium
2/15/2019Societe GeneraleDowngradeBuy ➝ HoldMedium
1/23/2019Raymond JamesSet Price TargetBuy$100.00Low
1/23/2019Williams CapitalReiterated RatingHold$100.00Medium
1/9/2019Piper Jaffray CompaniesDowngradeOverweight ➝ NeutralLow
1/4/2019Robert W. BairdLower Price TargetNeutral ➝ Neutral$200.00 ➝ $60.00Medium
12/20/2018Capital One FinancialDowngradeOverweight ➝ UnderweightMedium
12/19/2018Credit Suisse GroupDowngradeNeutral ➝ UnderperformHigh
12/12/2018Williams CapitalSet Price TargetHold$120.00Low
12/5/2018MKM PartnersInitiated CoverageBuy ➝ Buy$180.00High
11/6/2018Williams CapitalReiterated RatingHold$160.00High
8/21/2018Williams CapitalReiterated RatingHold$200.00Medium
8/5/2018Piper Jaffray CompaniesSet Price TargetBuy$280.00Low
8/2/2018Bank of AmericaLower Price TargetUnderperform ➝ Underperform$240.00 ➝ $220.00Low
5/10/2018Tudor PickeringDowngradeBuy ➝ HoldLow
5/3/2018Williams CapitalSet Price TargetHold$220.00High
5/3/2018Robert W. BairdDowngradeOutperform ➝ NeutralHigh
4/2/2018Robert W. BairdSet Price TargetBuy$240.00High
3/15/2018StephensReiterated RatingHold$200.00Medium
3/8/2018Bank of AmericaLower Price TargetUnderperform ➝ Underperform$260.00 ➝ $220.00Low
2/16/2018National SecuritiesReiterated RatingBuy ➝ Buy$260.00 ➝ $260.00Medium
2/15/2018Williams CapitalReiterated RatingHold$220.00Medium
2/1/2018Deutsche Bank AktiengesellschaftInitiated CoverageHold ➝ Hold$220.00High
1/30/2018Piper Jaffray CompaniesReiterated RatingBuy$300.00Medium
1/29/2018Stifel NicolausSet Price TargetBuy$300.00High
1/25/2018Williams CapitalReiterated RatingHold$260.00High
1/16/2018National SecuritiesInitiated CoverageBuyMedium
1/11/2018BMO Capital MarketsReiterated RatingHold$240.00Low
1/9/2018Piper Jaffray CompaniesReiterated RatingBuy$320.00N/A
12/18/2017Robert W. BairdLower Price TargetOutperform ➝ Outperform$340.00 ➝ $280.00Low
12/15/2017JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$260.00High
12/11/2017Credit Suisse GroupInitiated CoverageNeutral ➝ Neutral$240.00High
11/23/2017BarclaysReiterated RatingBuyN/A
11/22/2017ScotiabankSet Price TargetHold$280.00N/A
11/22/2017Piper Jaffray CompaniesReiterated RatingBuy$300.00N/A
11/20/2017BarclaysLower Price TargetOverweight$300.00 ➝ $280.00N/A
11/10/2017KeyCorpReiterated RatingHoldN/A
11/2/2017BMO Capital MarketsLower Price TargetMarket Perform$280.00 ➝ $220.00N/A
10/18/2017Williams CapitalBoost Price TargetHold ➝ Hold$260.00 ➝ $280.00N/A
10/10/2017BMO Capital MarketsSet Price TargetHold$280.00N/A
10/9/2017Seaport Global SecuritiesReiterated RatingNeutral$200.00 ➝ $190.00N/A
10/4/2017Stifel NicolausReiterated RatingBuy$340.00Low
9/18/2017Piper Jaffray CompaniesLower Price TargetOverweight$340.00 ➝ $300.00Low
9/17/2017CowenReiterated RatingHold$240.00Low
9/1/2017KeyCorpReiterated RatingHoldMedium
8/13/2017BMO Capital MarketsSet Price TargetHold$280.00Low
8/8/2017Bank of AmericaBoost Price TargetUnderperform$220.00 ➝ $260.00Low
8/8/2017Williams CapitalSet Price TargetHold$280.00Low
7/19/2017Bank of AmericaInitiated CoverageUnderperform ➝ Underperform$220.00High
7/18/2017CowenSet Price TargetHold$240.00Low
7/14/2017Stifel NicolausReiterated RatingBuy$340.00Low
7/1/2017ScotiabankSet Price TargetHold$260.00Low
6/27/2017BMO Capital MarketsReiterated RatingHold$200.00High
6/21/2017Seaport Global SecuritiesDowngradeBuy ➝ Neutral$380.00 ➝ $180.00High
6/2/2017Credit Suisse GroupReiterated RatingUnderperform$300.00Low
5/31/2017JPMorgan Chase & Co.Lower Price TargetNeutral$280.00 ➝ $260.00Low
5/15/2017ScotiabankReiterated RatingHold$300.00N/A
5/15/2017StephensUpgradeUnderweight ➝ HoldMedium
5/12/2017(FBRC)Reiterated RatingBuy$320.00Low
5/5/2017ScotiabankReiterated RatingHold$300.00High
5/4/2017Williams CapitalSet Price TargetHold$320.00High
5/4/2017BMO Capital MarketsReiterated RatingHoldHigh
4/20/2017BarclaysReiterated RatingBuy$380.00 ➝ $360.00Low
4/12/2017Stifel NicolausInitiated CoverageBuy ➝ Buy$360.00Medium
3/31/2017Seaport Global SecuritiesUpgradeNeutral ➝ BuyMedium
3/31/2017Credit Suisse GroupReiterated RatingSell$260.00High
3/27/2017ScotiabankSet Price TargetHold$300.00Medium
3/23/2017UBS GroupInitiated CoverageNeutral$280.00N/A
3/1/2017Credit Suisse GroupReiterated RatingSell$260.00N/A
2/21/2017Piper Jaffray CompaniesUpgradeNeutral ➝ OverweightN/A
2/17/2017Credit Suisse GroupReiterated RatingSellN/A
2/16/2017ScotiabankReiterated RatingHold$280.00N/A
2/16/2017KLR GroupBoost Price TargetBuy$340.00 ➝ $360.00N/A
2/15/2017(FBRC)Lower Price TargetOutperform$340.00 ➝ $320.00N/A
1/31/2017Credit Suisse GroupBoost Price TargetUnderperform$200.00 ➝ $240.00N/A
1/20/2017SunTrust BanksUpgradeHold ➝ BuyN/A
1/20/2017KLR GroupUpgradeAccumulate ➝ Buy$340.00N/A
1/18/2017Tudor PickeringUpgradeHold ➝ BuyN/A
1/11/2017BMO Capital MarketsReiterated RatingHold$300.00N/A
12/21/2016Drexel HamiltonReiterated RatingBuy$375.00N/A
12/15/2016Drexel HamiltonInitiated CoverageBuy$375.00N/A
11/16/2016BarclaysReiterated RatingBuy$320.00N/A
11/3/2016JPMorgan Chase & Co.Reiterated RatingHoldN/A
10/13/2016Credit Suisse GroupDowngradeNeutral ➝ Underperform$180.00N/A
9/13/2016(FBRC)Initiated CoverageOutperform$280.00N/A
9/8/2016KLR GroupBoost Price TargetHold$220.00 ➝ $260.00N/A
9/8/2016Raymond JamesBoost Price TargetOutperform$320.00 ➝ $340.00N/A
8/30/2016Seaport Global SecuritiesUpgradeSell ➝ Neutral$160.00 ➝ $220.00N/A
8/29/2016Williams CapitalInitiated CoverageHold$280.00N/A
8/24/2016Capital One FinancialUpgradeEqual Weight ➝ Overweight$300.00N/A
8/5/2016BarclaysBoost Price TargetOverweight$280.00 ➝ $300.00N/A
6/21/2016Nomura SecuritiesReiterated RatingNeutral$200.00 ➝ $220.00N/A
6/21/2016BarclaysInitiated CoverageOverweight$280.00N/A
(Data available from 6/18/2016 forward)
Laredo Petroleum logo
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.
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Today's Range

Now: $65.64
Low: $58.73
High: $66.69

50 Day Range

MA: $47.81
Low: $33.21
High: $66.79

52 Week Range

Now: $65.64
Low: $7.71
High: $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?

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.