Bill Barrett Corp. (NYSE:BBG) traded up 8.4% during mid-day trading on Tuesday . The company traded as high as $6.45 and last traded at $6.34, with a volume of 1,196,164 shares trading hands. The stock had previously closed at $5.85.

A number of equities research analysts recently issued reports on the stock. Cantor Fitzgerald reissued a “hold” rating and issued a $7.50 price target on shares of Bill Barrett Corp. in a research note on Wednesday, July 6th. Johnson Rice assumed coverage on shares of Bill Barrett Corp. in a research note on Thursday, June 30th. They issued a “buy” rating on the stock. Deutsche Bank AG lifted their price target on shares of Bill Barrett Corp. from $8.00 to $9.00 and gave the company a “hold” rating in a research note on Tuesday, June 14th. Barclays PLC lifted their price target on shares of Bill Barrett Corp. from $7.00 to $8.00 and gave the company an “equal weight” rating in a research note on Monday, June 6th. Finally, Canaccord Genuity reissued a “hold” rating on shares of Bill Barrett Corp. in a research note on Saturday, June 4th. One analyst has rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company’s stock. Bill Barrett Corp. currently has a consensus rating of “Hold” and a consensus price target of $6.97.

The stock has a 50 day moving average price of $7.13 and a 200 day moving average price of $5.66. The firm’s market cap is $307.75 million.

Bill Barrett Corp. (NYSE:BBG) last announced its quarterly earnings results on Thursday, May 5th. The energy company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by $0.06. The firm earned $29.43 million during the quarter, compared to analyst estimates of $56.19 million. During the same period in the prior year, the company posted ($0.12) EPS. The firm’s quarterly revenue was down 40.0% on a year-over-year basis. Equities research analysts anticipate that Bill Barrett Corp. will post ($1.00) EPS for the current fiscal year.

Other hedge funds and institutional investors have recently made changes to their positions in the company. Principal Financial Group Inc. boosted its position in shares of Bill Barrett Corp. by 4.6% in the fourth quarter. Principal Financial Group Inc. now owns 328,835 shares of the energy company’s stock worth $1,292,000 after buying an additional 14,528 shares in the last quarter. California Public Employees Retirement System raised its stake in Bill Barrett Corp. by 11.5% in the fourth quarter. California Public Employees Retirement System now owns 1,513,300 shares of the energy company’s stock worth $5,947,000 after buying an additional 155,500 shares during the last quarter. First Trust Advisors LP raised its stake in Bill Barrett Corp. by 64.3% in the fourth quarter. First Trust Advisors LP now owns 606,935 shares of the energy company’s stock worth $2,385,000 after buying an additional 237,593 shares during the last quarter. Finally, Russell Frank Co raised its stake in Bill Barrett Corp. by 24.8% in the fourth quarter. Russell Frank Co now owns 1,725,681 shares of the energy company’s stock worth $6,574,000 after buying an additional 342,906 shares during the last quarter.

Bill Barrett Corporation is an independent energy company that develops, acquires and explores for oil and natural gas resources. The Company’s assets and operations are located in the Rocky Mountain region of the United States. The Company develops oil and natural gas in the Rocky Mountain region of the United States.

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