Analysts Set Enerplus Corp (ERF) PT at $10.23
Shares of Enerplus Corp (TSE:ERF) have received an average recommendation of “Buy” from the thirteen analysts that are currently covering the stock. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is C$10.23.
A number of research firms recently weighed in on ERF. Barclays PLC increased their price objective on shares of Enerplus Corp from C$8.00 to C$10.00 in a report on Wednesday, June 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a C$9.00 price objective on shares of Enerplus Corp in a report on Wednesday, June 22nd. Desjardins reaffirmed a “hold” rating and issued a C$8.25 price objective on shares of Enerplus Corp in a report on Wednesday, June 22nd. TD Securities dropped their price objective on shares of Enerplus Corp from C$10.00 to C$9.50 and set a “buy” rating on the stock in a report on Wednesday, June 22nd. Finally, Scotiabank increased their price objective on shares of Enerplus Corp from C$7.25 to C$9.50 and gave the stock a “sector perform” rating in a report on Thursday, June 23rd.
The firm also recently disclosed a oct 16 dividend, which was paid on Friday, October 14th. Stockholders of record on Thursday, September 29th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Tuesday, September 27th. This represents a dividend yield of 1.5%.
Enerplus Corp Company Profile
Enerplus Corporation is an energy producer. The Company’s capital program is focused on the development of its crude oil and natural gas core areas of operation, which includes its North Dakota and Montana crude oil assets in the Williston Basin, and its natural gas interests in northeast Pennsylvania.
Receive News & Ratings for Enerplus Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enerplus Corp and related companies with MarketBeat.com's FREE daily email newsletter.