Bellatrix Exploration Ltd (TSE:BXE)‘s stock had its “hold” rating reiterated by analysts at TD Securities in a report released on Tuesday. They presently have a C$1.50 price objective on the stock. TD Securities’ target price suggests a potential upside of 20.97% from the company’s previous close.

Several other research analysts have also issued reports on the company. CSFB boosted their target price on Bellatrix Exploration from C$1.00 to C$1.25 and gave the company a “neutral” rating in a research report on Tuesday. Scotiabank reiterated a “sector perform” rating and issued a C$1.50 price target on shares of Bellatrix Exploration in a report on Thursday, September 15th. AltaCorp Capital lowered their price target on 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 lowered their price target on Bellatrix Exploration from C$2.00 to C$1.65 in a report on Wednesday, August 10th. Finally, Dundee Securities boosted their price target on 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 stock currently has an average rating of “Hold” and an average price target of C$1.82.

Analyst Recommendations for Bellatrix Exploration (TSE:BXE)

Shares of Bellatrix Exploration (TSE:BXE) opened at 1.24 on Tuesday. The stock’s market capitalization is $294.51 million. The firm’s 50-day moving average price is $1.07 and its 200 day moving average price is $1.28. Bellatrix Exploration has a 52 week low of $0.97 and a 52 week 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.

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