Shares of Bill Barrett Corp. (NYSE:BBG) traded down 4.7% during trading on Tuesday . The stock traded as low as $5.56 and last traded at $5.62, with a volume of 882,148 shares changing hands. The stock had previously closed at $5.90.

Several analysts recently commented on the company. Zacks Investment Research upgraded Bill Barrett Corp. from a “hold” rating to a “buy” rating and set a $7.00 target price on the stock in a report on Tuesday, July 12th. Cantor Fitzgerald reiterated a “hold” rating and issued a $7.50 target price on shares of Bill Barrett Corp. in a report on Wednesday, July 6th. Johnson Rice assumed coverage on Bill Barrett Corp. in a report on Thursday, June 30th. They issued a “buy” rating on the stock. Deutsche Bank AG upped their target price on Bill Barrett Corp. from $8.00 to $9.00 and gave the company a “hold” rating in a report on Tuesday, June 14th. Finally, Barclays PLC upped their target price on Bill Barrett Corp. from $7.00 to $8.00 and gave the company an “equal weight” rating in a report on Monday, June 6th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the stock. Bill Barrett Corp. has a consensus rating of “Hold” and a consensus price target of $6.91.

The company’s market capitalization is $293.17 million. The company’s 50 day moving average price is $6.89 and its 200-day moving average price is $5.73.

Bill Barrett Corp. (NYSE:BBG) last posted its earnings results on Thursday, May 5th. The energy company reported ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by $0.06. During the same quarter in the previous year, the business earned ($0.12) earnings per share. The firm earned $29.43 million during the quarter, compared to analysts’ expectations of $56.19 million. The business’s revenue for the quarter was down 40.0% on a year-over-year basis. On average, equities research analysts anticipate that Bill Barrett Corp. will post ($0.98) earnings per share for the current fiscal year.

Other large investors have recently added to or reduced their stakes in the company. 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 valued at $5,947,000 after buying an additional 155,500 shares in 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 valued at $2,385,000 after buying an additional 237,593 shares in 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 valued at $6,574,000 after buying an additional 342,906 shares in 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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