Fintel reports that on January 14, 2025, Benchmark upgraded their outlook for Devon Energy (XTRA:DY6) from Hold to Buy.
Analyst Price Forecast Suggests 37.05% Upside
As of December 23, 2024, the average one-year price target for Devon Energy is 49,50 €/share. The forecasts range from a low of 41,94 € to a high of 64,90 €. The average price target represents an increase of 37.05% from its latest reported closing price of 36,12 € / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Devon Energy is 15,902MM, an increase of 9.45%. The projected annual non-GAAP EPS is 6.48.
What is the Fund Sentiment?
There are 2,028 funds or institutions reporting positions in Devon Energy. This is an decrease of 7 owner(s) or 0.34% in the last quarter. Average portfolio weight of all funds dedicated to DY6 is 0.28%, an increase of 3.42%. Total shares owned by institutions increased in the last three months by 6.51% to 570,586K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 19,822K shares representing 3.02% ownership of the company. In its prior filing, the firm reported owning 19,969K shares , representing a decrease of 0.74%. The firm decreased its portfolio allocation in DY6 by 23.05% over the last quarter.
XLE - The Energy Select Sector SPDR Fund holds 16,687K shares representing 2.54% ownership of the company. In its prior filing, the firm reported owning 17,496K shares , representing a decrease of 4.85%. The firm decreased its portfolio allocation in DY6 by 15.95% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 16,401K shares representing 2.50% ownership of the company. In its prior filing, the firm reported owning 16,220K shares , representing an increase of 1.11%. The firm decreased its portfolio allocation in DY6 by 23.20% over the last quarter.
Geode Capital Management holds 15,893K shares representing 2.42% ownership of the company. In its prior filing, the firm reported owning 15,686K shares , representing an increase of 1.30%. The firm decreased its portfolio allocation in DY6 by 59.61% over the last quarter.
VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 13,260K shares representing 2.02% ownership of the company. In its prior filing, the firm reported owning 13,538K shares , representing a decrease of 2.10%. The firm decreased its portfolio allocation in DY6 by 25.64% over the last quarter.
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