WhiteHawk Income (NYSE:WHK) Sets New 12-Month High – What’s Next?

WhiteHawk Income Corp. (NYSE:WHK) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $28.60 and last traded at $26.88, with a volume of 138701 shares changing hands. The stock had previously closed at $27.37.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Stifel Nicolaus started coverage on WhiteHawk Income in a research note on Monday. They set a “buy” rating and a $30.00 target price for the company. JPMorgan Chase & Co. started coverage on shares of WhiteHawk Income in a report on Monday. They set a “neutral” rating and a $28.00 price target on the stock. Capital One Financial initiated coverage on shares of WhiteHawk Income in a research note on Monday. They issued an “overweight” rating and a $32.00 price objective for the company. Stephens initiated coverage on shares of WhiteHawk Income in a research report on Monday. They issued an “overweight” rating and a $33.00 target price on the stock. Finally, Wall Street Zen upgraded shares of WhiteHawk Income to a “hold” rating in a report on Saturday, June 13th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $30.75.

WhiteHawk Income Price Performance

About WhiteHawk Income

WhiteHawk is focused on being the premier natural gas mineral and royalty business in the United States. We are committed to delivering cash flow and total returns to our investors through the disciplined acquisition, active management and ownership of high-quality mineral and royalty interests. Our assets are concentrated in the Marcellus and Haynesville Shales, which are located in the Appalachian and Haynesville Basins, which are among the most productive and lowest-cost U.S. natural gas basins(1).