Bonanza Creek Energy Price Target Increased to $45.00 by Analysts at Raymond James (BCEI)
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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