Iberia Capital started coverage on shares of Bonanza Creek Energy (NASDAQ: BCEI) in a research note released on Friday morning. The firm issued an outperform rating on the stock.

BCEI has been the subject of a number of other recent research reports. Analysts at Brean Murray initiated coverage on shares of Bonanza Creek Energy in a research note to investors on Friday, February 22nd. They set a buy rating and a $42.00 price target on the stock. Separately, analysts at Imperial Capital initiated coverage on shares of Bonanza Creek Energy in a research note to investors on Tuesday, January 29th. They set an in-line rating and a $33.00 price target on the stock. Finally, analysts at Howard Weil downgraded shares of Bonanza Creek Energy from a focus stock rating to an outperform rating in a research note to investors on Monday, January 7th. They now have a $39.00 price target on the stock.

Eight research analysts have rated the stock with a buy rating, three have issued an overweight rating, and four have issued a hold rating to the company. The company presently has an average rating of overweight and an average target price of $35.20.

Bonanza Creek Energy traded down 0.65% on Friday, hitting $38.04. Bonanza Creek Energy has a 52-week low of $14.52 and a 52-week high of $38.72. The stock’s 50-day moving average is currently $33.61. The company has a market cap of $1.524 billion and a price-to-earnings ratio of 42.93.

Bonanza Creek Energy, Inc. is an oil and natural gas company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas in the United States.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.