Bonterra Energy Corp (TSE:BNE) has been assigned a consensus recommendation of “Hold” from the seven ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$21.33.
A number of equities analysts have weighed in on BNE shares. AltaCorp Capital upgraded Bonterra Energy from a “sector perform” rating to an “outperform” rating in a research note on Thursday, December 21st. National Bank Financial upped their target price on Bonterra Energy from C$21.00 to C$21.50 and gave the stock an “outperform” rating in a research note on Tuesday, January 9th. Raymond James Financial decreased their target price on Bonterra Energy from C$24.00 to C$22.00 in a research note on Monday, February 5th. Finally, Eight Capital decreased their target price on Bonterra Energy from C$20.00 to C$18.50 in a research note on Thursday, February 8th.
Shares of Bonterra Energy (TSE:BNE) traded down C$0.10 during midday trading on Wednesday, reaching C$13.24. The company’s stock had a trading volume of 94,070 shares, compared to its average volume of 144,367. The company has a market cap of $445.37, a price-to-earnings ratio of -668.50 and a beta of 1.02. Bonterra Energy has a fifty-two week low of C$12.26 and a fifty-two week high of C$23.97.
In other news, insider George Frederick Fink acquired 5,000 shares of Bonterra Energy stock in a transaction dated Monday, January 29th. The shares were purchased at an average cost of C$14.53 per share, for a total transaction of C$72,650.00. Insiders have bought a total of 25,000 shares of company stock worth $345,400 over the last quarter.
Bonterra Energy Company Profile
Bonterra Energy Corp. (Bonterra) is an oil and gas company. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin.
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