Sanchez Energy Corp. (NYSE:SN) shares rose 4.9% on Friday . The stock traded as high as $8.93 and last traded at $8.92, with a volume of 1,218,310 shares. The stock had previously closed at $8.50.

SN has been the topic of several research reports. KLR Group raised Sanchez Energy Corp. from a “hold” rating to a “buy” rating and increased their target price for the stock from $8.00 to $9.00 in a research report on Monday, July 18th. Zacks Investment Research raised Sanchez Energy Corp. from a “hold” rating to a “buy” rating and set a $7.00 target price on the stock in a research report on Saturday, July 30th. National Securities increased their target price on Sanchez Energy Corp. from $9.00 to $11.00 and gave the stock a “buy” rating in a research report on Tuesday, August 9th. Vetr lowered Sanchez Energy Corp. from a “strong-buy” rating to a “buy” rating and set a $9.00 target price on the stock. in a research report on Friday, August 12th. Finally, Piper Jaffray Cos. reaffirmed a “neutral” rating and issued a $8.00 target price on shares of Sanchez Energy Corp. in a research report on Thursday, July 7th. Nine research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Sanchez Energy Corp. has an average rating of “Hold” and a consensus price target of $7.84.

The stock’s market capitalization is $513.63 million. The company has a 50-day moving average price of $7.41 and a 200-day moving average price of $6.85.

Sanchez Energy Corp. (NYSE:SN) last posted its quarterly earnings results on Monday, August 8th. The company reported ($3.20) EPS for the quarter, missing the consensus estimate of ($0.09) by $3.11. The firm had revenue of $111 million for the quarter, compared to analyst estimates of $121.61 million. During the same quarter in the prior year, the company posted ($0.43) EPS. Analysts anticipate that Sanchez Energy Corp. will post ($0.18) EPS for the current fiscal year.

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of unconventional oil and natural gas resources in the onshore United States Gulf Coast. The Company focuses on the Eagle Ford Shale in South Texas and the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

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