WhiteHawk Income (NYSE:WHK) Hits New 52-Week Low – Time to Sell?

WhiteHawk Income Corp. (NYSE:WHK) hit a new 52-week low on Wednesday . The company traded as low as $25.41 and last traded at $25.45, with a volume of 16391 shares traded. The stock had previously closed at $26.19.

Analyst Upgrades and Downgrades

Several research firms have weighed in on WHK. Stephens assumed coverage on WhiteHawk Income in a report on Monday, July 6th. They set an “overweight” rating and a $33.00 target price on the stock. Raymond James Financial assumed coverage on shares of WhiteHawk Income in a research report on Tuesday, July 7th. They issued a “strong-buy” rating and a $34.00 price objective on the stock. JPMorgan Chase & Co. assumed coverage on shares of WhiteHawk Income in a research report on Monday, July 6th. They issued a “neutral” rating and a $28.00 target price for the company. Capital One Financial assumed coverage on shares of WhiteHawk Income in a research note on Monday, July 6th. They issued an “overweight” rating and a $32.00 price target on the stock. Finally, Zacks Research raised shares of WhiteHawk Income to a “hold” rating in a research report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, WhiteHawk Income currently has an average rating of “Moderate Buy” and an average target price of $31.40.

WhiteHawk Income Stock Up 3.3%

The company has a 50 day moving average of $26.61.

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).