Zacks Investment Research upgraded shares of SUNDANCE ENERGY/S (NASDAQ:SNDE) from a sell rating to a hold rating in a research note issued to investors on Friday morning, Zacks.com reports.

According to Zacks, “Sundance Energy Australia Limited is focused on the acquisition and development of oil and gas. Its asset primarily located in premier North American resource plays. Sundance Energy Australia Limited is headquareted in DENVER CO. “

SNDE has been the topic of a number of other reports. Ifs Securities reaffirmed a strong-buy rating on shares of SUNDANCE ENERGY/S in a report on Sunday, February 3rd. Northland Securities reaffirmed a buy rating and issued a $8.00 target price on shares of SUNDANCE ENERGY/S in a report on Thursday, March 21st. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of $8.13.

Shares of SUNDANCE ENERGY/S stock opened at $3.01 on Friday. SUNDANCE ENERGY/S has a 12 month low of $2.12 and a 12 month high of $6.76.

A hedge fund recently bought a new stake in SUNDANCE ENERGY/S stock. Citigroup Inc. acquired a new stake in SUNDANCE ENERGY/S (NASDAQ:SNDE) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 23,166 shares of the energy company’s stock, valued at approximately $58,000. Citigroup Inc. owned about 0.19% of SUNDANCE ENERGY/S at the end of the most recent reporting period.

About SUNDANCE ENERGY/S

Sundance Energy Australia Limited operates as an onshore oil and gas company in the United States. The company explores for, develops, and produces oil and natural gas. Its exploration and development activities are focused on the Eagle Ford project in the South-Texas-Gulf Coast Basin. Sundance Energy Australia Limited was incorporated in 2004 and is based in Wayville, Australia.

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Analyst Recommendations for SUNDANCE ENERGY/S (NASDAQ:SNDE)

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