Birchcliff Energy (TSE: BIR) had its target price lifted by Scotiabank from $8.50 to $9.00 in a research note issued to investors on Thursday. The firm currently has a sector perform rating on the stock.

BIR has been the subject of a number of other recent research reports. Analysts at CIBC raised their price target on shares of Birchcliff Energy from $8.75 to $9.25 in a research note to investors on Thursday, February 14th. They now have a market perform rating on the stock. Separately, analysts at Raymond James raised their price target on shares of Birchcliff Energy from $7.25 to $7.50 in a research note to investors on Thursday, February 14th. They now have a market perform rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of Birchcliff Energy from $7.50 to $8.50 in a research note to investors on Thursday, February 14th. They now have a sector perform rating on the stock.

Birchcliff Energy (TSE: BIR) traded up 3.03% on Thursday, hitting $8.50. Birchcliff Energy has a 1-year low of $5.12 and a 1-year high of $9.85. The stock’s 50-day moving average is currently $7.62. The company has a market cap of $1.206 billion and a price-to-earnings ratio of 103.12.

Birchcliff Energy Ltd. (Birchcliff) is an intermediate oil and gas exploration, development and production company based in Calgary, Alberta.

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