SUNDANCE ENERGY/S (NASDAQ:SNDE)‘s stock had its “buy” rating reiterated by investment analysts at Northland Securities in a research note issued to investors on Friday, AnalystRatings.com reports. They presently have a $4.00 target price on the energy company’s stock. Northland Securities’ target price would suggest a potential upside of 325.53% from the stock’s previous close.
Several other equities research analysts have also commented on SNDE. Seaport Global Securities lowered SUNDANCE ENERGY/S from a “buy” rating to a “neutral” rating in a research note on Thursday, October 10th. SunTrust Banks lowered SUNDANCE ENERGY/S to a “hold” rating in a research note on Monday, July 8th. Finally, ValuEngine lowered SUNDANCE ENERGY/S from a “sell” rating to a “strong sell” rating in a research note on Tuesday, October 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $6.33.
Shares of SUNDANCE ENERGY/S stock opened at $0.94 on Friday. SUNDANCE ENERGY/S has a twelve month low of $0.88 and a twelve month high of $6.20. The business has a 50-day moving average price of $1.14 and a 200 day moving average price of $1.76.
Sundance Energy Australia Limited operates as an onshore oil and gas company in the United States. The company explores for, develops, and produces oil and natural gas. Its exploration and development activities are focused on the Eagle Ford project in the South-Texas-Gulf Coast Basin. Sundance Energy Australia Limited was incorporated in 2004 and is based in Wayville, Australia.
See Also: Leveraged Buyout (LBO)
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