Bellatrix Exploration Ltd (TSE:BXE) (NYSE:BXE) had its price objective reduced by research analysts at Eight Capital from C$4.50 to C$4.00 in a report released on Monday. Eight Capital’s price target suggests a potential upside of 43.37% from the company’s current price.

BXE has been the topic of a number of other reports. TD Securities dropped their price objective on Bellatrix Exploration from C$4.25 to C$4.00 and set a “hold” rating on the stock in a research note on Friday, November 10th. Raymond James Financial, Inc. dropped their price objective on Bellatrix Exploration from C$4.00 to C$3.75 in a research note on Tuesday, October 24th. Seven investment analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and an average price target of C$2.61.

Bellatrix Exploration (BXE) opened at C$2.79 on Monday. Bellatrix Exploration has a 52 week low of C$2.77 and a 52 week high of C$6.95.

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Bellatrix Exploration Company Profile

Bellatrix Exploration Ltd. is an oil and gas exploration company engaged in the exploration for, and the acquisition, development and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s properties include Ferrier, Willesden Green, Greater Pembina, Strachan and Harmattan.

Analyst Recommendations for Bellatrix Exploration (TSE:BXE)

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