Sundance Energy Australia (SNDE) Rating Lowered to Strong Sell at ValuEngine

ValuEngine lowered shares of Sundance Energy Australia (NASDAQ:SNDE) from a sell rating to a strong sell rating in a research report report published on Sunday.

A number of other analysts have also recently weighed in on the stock. Seaport Global Securities raised shares of Sundance Energy Australia from a neutral rating to a buy rating in a research note on Tuesday, December 19th. Zacks Investment Research upgraded shares of Sundance Energy Australia from a sell rating to a hold rating in a research report on Friday, October 27th. Finally, Stifel Nicolaus set a $7.00 price target on shares of Sundance Energy Australia and gave the company a buy rating in a research report on Thursday, October 5th. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The company has a consensus rating of Buy and an average target price of $6.13.

Sundance Energy Australia (NASDAQ SNDE) traded up $0.26 during midday trading on Friday, reaching $6.46. 8,000 shares of the company were exchanged, compared to its average volume of 17,900. Sundance Energy Australia has a twelve month low of $3.61 and a twelve month high of $17.99.

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About Sundance Energy Australia

Sundance Energy Australia Limited engages in the exploration, development, and production of oil and natural gas in the United States. The company?s exploration and development activities are focused in the Eagle Ford project in the South-Texas-Gulf Coast Basin; and the Mississippian/Woodford Formations in Oklahoma.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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