Bellatrix Exploration Ltd (BXE) Rating Reiterated by TD Securities
Bellatrix Exploration Ltd (TSE:BXE)‘s stock had its “hold” rating restated by TD Securities in a research note issued to investors on Tuesday. They currently have a C$1.50 price target on the stock. TD Securities’ price target indicates a potential upside of 20.97% from the company’s previous close.
Other analysts also recently issued research reports about the stock. AltaCorp Capital cut their price target on shares of Bellatrix Exploration from C$2.00 to C$1.60 and set an “overweight” rating for the company in a report on Thursday, August 11th. CIBC cut their price target on shares of Bellatrix Exploration from C$2.00 to C$1.65 in a report on Wednesday, August 10th. Scotiabank restated a “sector perform” rating and set a C$2.00 price target on shares of Bellatrix Exploration in a report on Friday, July 8th. CSFB cut their price target on shares of Bellatrix Exploration from C$1.50 to C$1.00 in a report on Friday, August 12th. Finally, Dundee Securities raised their price target on shares of Bellatrix Exploration from C$2.75 to C$3.00 in a report on Friday, July 8th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of C$1.82.
Bellatrix Exploration (TSE:BXE) opened at 1.24 on Tuesday. The firm’s market capitalization is $294.51 million. The stock’s 50 day moving average price is $1.07 and its 200-day moving average price is $1.28. Bellatrix Exploration has a 12 month low of $0.97 and a 12 month high of $2.92.
About Bellatrix Exploration
Bellatrix Exploration Ltd. is an oil and gas exploration company engaged in the exploration for, and the acquisition, development and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s properties include Ferrier, Willesden Green, Greater Pembina, Strachan and Harmattan.
Receive News & Ratings for Bellatrix Exploration Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bellatrix Exploration Ltd and related companies with MarketBeat.com's FREE daily email newsletter.