Bonanza Creek Energy Price Target Increased to $45.00 by Analysts at Raymond James (BCEI)
Analysts at Raymond James boosted their price target on shares of Bonanza Creek Energy (NASDAQ: BCEI) from $40.00 to $45.00 in a research report issued to clients and investors on Monday.
Several other analysts have also recently commented on the stock. Analysts at Societe Generale raised their price target on shares of Bonanza Creek Energy to $43.00 in a research note to investors on Monday. Separately, analysts at Imperial Capital raised their price target on shares of Bonanza Creek Energy from $33.00 to $42.00 in a research note to investors on Monday. They now have an “in-line” rating on the stock. Finally, analysts at C.K. Cooper raised their price target on shares of Bonanza Creek Energy from $34.00 to $46.00 in a research note to investors on Monday. They now have a “buy” rating on the stock.
Nine equities research analysts have rated the stock with a buy rating, three have given an overweight rating, and four have issued a hold rating to the company’s stock. The company currently has a consensus rating of “overweight” and a consensus price target of $37.29.
Shares of Bonanza Creek Energy (NASDAQ: BCEI) traded up 3.57% during mid-day trading on Monday, hitting $41.50. Bonanza Creek Energy has a 52 week low of $14.52 and a 52 week high of $40.28. The stock’s 50-day moving average is currently $34.39. The company has a market cap of $1.663 billion and a P/E ratio of 34.28.
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.
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