Linn Energy, LLC (NASDAQ:LINE) was upgraded by analysts at Robert W. Baird to an “outperform” rating in a research report issued to clients and investors on Thursday, Stock Ratings Network.com reports.
LINE has been the subject of a number of other recent research reports. Analysts at Howard Weil upgraded shares of Linn Energy, LLC from an “outperform” rating to a “focus stock” rating in a research note to investors on Wednesday. They now have a $36.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. upgraded shares of Linn Energy, LLC from a “neutral” rating to an “overweight” rating in a research note to investors on Monday, January 6th. They now have a $36.00 price target on the stock, up previously from $35.00. Finally, analysts at Zacks downgraded shares of Linn Energy, LLC from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, November 14th. They now have a $34.90 price target on the stock. Two analysts have rated the stock with a sell rating, six have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $32.76.
Shares of Linn Energy, LLC (NASDAQ:LINE) traded down 0.80% during mid-day trading on Thursday, hitting $33.45. 2,109,763 shares of the company’s stock traded hands. Linn Energy, LLC has a 52-week low of $20.35 and a 52-week high of $39.50. The stock has a 50-day moving average of $30.98 and a 200-day moving average of $27.94. The company’s market cap is $7.867 billion.
Linn Energy, LLC (NASDAQ:LINE) last posted its quarterly earnings results on Monday, October 28th. The company reported ($0.13) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.20 by $0.33. During the same quarter in the previous year, the company posted $0.45 earnings per share. On average, analysts predict that Linn Energy, LLC will post $0.98 earnings per share for the current fiscal year.
Linn Energy, LLC (NASDAQ:LINE) is an independent oil and natural gas company.
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