Bonterra Energy Corp (TSE:BNE) has earned an average recommendation of “Hold” from the ten brokerages that are presently covering the company. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$28.28.
A number of brokerages have recently commented on BNE. BMO Capital Markets increased their price objective on Bonterra Energy Corp from C$26.00 to C$28.00 in a research report on Thursday, June 30th. CIBC began coverage on Bonterra Energy Corp in a research report on Wednesday, June 15th. They set an “underperform” rating and a C$25.00 price objective for the company. Dundee Securities increased their price objective on Bonterra Energy Corp from C$27.25 to C$27.75 in a research report on Thursday, August 11th. Scotiabank reiterated a “sector perform” rating and set a C$28.50 price objective on shares of Bonterra Energy Corp in a research report on Thursday, August 11th. Finally, TD Securities reiterated a “buy” rating and set a C$32.00 price objective on shares of Bonterra Energy Corp in a research report on Thursday, August 11th.
Bonterra Energy Corp (TSE:BNE) opened at 25.82 on Thursday. The firm’s market cap is $855.75 million. Bonterra Energy Corp has a one year low of $11.71 and a one year high of $29.63. The company has a 50-day moving average price of $25.28 and a 200-day moving average price of $25.23.
The company also recently announced a monthly dividend, which will be paid on Monday, October 31st. Shareholders of record on Monday, October 31st will be paid a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 4.65%. The ex-dividend date is Wednesday, October 12th.
About Bonterra Energy Corp
Bonterra Energy Corp. (Bonterra) is an oil and gas company that is primarily focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The Company operates in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment.
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