Shares of Bonavista Energy Corp (TSE:BNP) have been given a consensus recommendation of “Hold” by the eleven brokerages that are presently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$2.26.

A number of brokerages have commented on BNP. National Bank Financial raised their price objective on Bonavista Energy from C$1.40 to C$1.65 and gave the company a “sector perform” rating in a research note on Wednesday, August 1st. CIBC reduced their price objective on Bonavista Energy from C$1.75 to C$1.65 in a research note on Friday, July 20th.

TSE BNP opened at C$1.42 on Friday. Bonavista Energy has a one year low of C$1.11 and a one year high of C$3.24.

Bonavista Energy (TSE:BNP) last announced its quarterly earnings data on Tuesday, July 31st. The company reported C$0.01 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.03 by C($0.02). Bonavista Energy had a negative net margin of 1.51% and a negative return on equity of 0.40%. The firm had revenue of C$121.10 million during the quarter.

About Bonavista Energy

Bonavista Energy Corporation acquires, develops, and holds interests in oil and natural gas properties and assets in Western Canada. As of December 31, 2017, its proved reserves totaled 275.0 million barrels of oil equivalent; and proved plus probable reserves were 437.7 million barrels of oil equivalent.

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Analyst Recommendations for Bonavista Energy (TSE:BNP)

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