Sanchez Energy Corp. (NYSE:SN) shares traded up 8.1% during trading on Thursday . The company traded as high as $8.27 and last traded at $8.14, with a volume of 1,629,382 shares traded. The stock had previously closed at $7.53.

A number of research analysts recently commented on the company. Credit Suisse Group AG restated a “buy” rating on shares of Sanchez Energy Corp. in a research note on Saturday, May 14th. Vetr cut Sanchez Energy Corp. from a “strong-buy” rating to a “buy” rating and set a $9.00 price target for the company. in a research note on Friday. National Securities increased their price target on Sanchez Energy Corp. from $9.00 to $11.00 and gave the stock a “buy” rating in a research note on Tuesday. Zacks Investment Research raised Sanchez Energy Corp. from a “hold” rating to a “buy” rating and set a $9.00 price target for the company in a research note on Thursday, May 19th. Finally, FBR & Co reissued an “outperform” rating and issued a $11.00 price target (up previously from $9.00) on shares of Sanchez Energy Corp. in a research note on Thursday, April 21st. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $7.78.

The stock has a 50 day moving average of $6.66 and a 200 day moving average of $6.28. The firm’s market capitalization is $532.12 million.

Sanchez Energy Corp. (NYSE:SN) last issued its quarterly earnings data on Monday, August 8th. The company reported ($3.20) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.09) by $3.11. The business earned $111 million during the quarter, compared to analysts’ expectations of $121.61 million. During the same period last year, the firm posted ($0.43) EPS. On average, analysts predict that Sanchez Energy Corp. will post ($0.45) earnings per share for the current year.

In other Sanchez Energy Corp. news, Director Gilbert A. Garcia sold 7,936 shares of Sanchez Energy Corp. stock in a transaction on Friday, June 3rd. The stock was sold at an average price of $8.05, for a total value of $63,884.80. Following the completion of the transaction, the director now owns 85,251 shares in the company, valued at approximately $686,270.55. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of unconventional oil and natural gas resources in the onshore United States Gulf Coast. The Company focuses on the Eagle Ford Shale in South Texas and the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.