Bonterra Energy Corp (TSE:BNE) Price Target Increased to C$19.50 by Analysts at TD Securities

Bonterra Energy Corp (TSE:BNE) had its price target lifted by TD Securities from C$18.50 to C$19.50 in a research report sent to investors on Thursday, November 9th. They currently have a buy rating on the stock.

A number of other research analysts have also weighed in on the stock. National Bank Financial lowered their target price on shares of Bonterra Energy Corp from C$22.00 to C$21.00 and set an outperform rating for the company in a report on Thursday, August 10th. Raymond James Financial, Inc. upgraded shares of Bonterra Energy Corp from an outperform rating to a strong-buy rating and set a C$26.00 target price for the company in a research report on Thursday, August 24th. BMO Capital Markets lowered shares of Bonterra Energy Corp from a market perform rating to an underperform rating and cut their price objective for the company from C$16.00 to C$15.00 in a research report on Tuesday, October 10th. Finally, AltaCorp Capital lowered shares of Bonterra Energy Corp from an outperform rating to a sector perform rating in a research report on Thursday, August 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of C$26.28.

Shares of Bonterra Energy Corp (TSE BNE) traded down C$0.04 during midday trading on Thursday, reaching C$14.35. 242,760 shares of the company’s stock traded hands, compared to its average volume of 173,859. Bonterra Energy Corp has a 1 year low of C$13.44 and a 1 year high of C$29.76.

ILLEGAL ACTIVITY WARNING: This report was originally reported by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this report on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this report can be viewed at https://stocknewstimes.com/2017/11/19/bonterra-energy-corp-bne-price-target-increased-to-c19-50-by-analysts-at-td-securities.html.

The company also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 30th will be paid a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 8.36%. The ex-dividend date is Tuesday, November 14th. Bonterra Energy Corp’s payout ratio is -6,000.00%.

In other Bonterra Energy Corp news, insider George Frederick Fink bought 5,000 shares of the firm’s stock in a transaction on Tuesday, October 24th. The stock was acquired at an average price of C$13.81 per share, with a total value of C$69,050.00. In the last three months, insiders acquired 39,000 shares of company stock valued at $599,470.

Bonterra Energy Corp Company Profile

Bonterra Energy Corp. (Bonterra) is an oil and gas company. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin.

Analyst Recommendations for Bonterra Energy Corp (TSE:BNE)

Receive News & Ratings for Bonterra Energy Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bonterra Energy Corp and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply