Is Bonterra Energy Corp a Sell? The Stock Declines Again

 Is Bonterra Energy Corp a Sell? The Stock Declines Again

The stock of Bonterra Energy Corp (TSE:BNE) is a huge mover today! About 29,551 shares traded hands. Bonterra Energy Corp (TSE:BNE) has risen 25.08% since March 10, 2016 and is uptrending. It has outperformed by 19.47% the S&P500.
The move comes after 5 months negative chart setup for the $830.66M company. It was reported on Oct, 17 by We have $23.13 PT which if reached, will make TSE:BNE worth $66.45M less.

Bonterra Energy Corp (TSE:BNE) Ratings Coverage

Out of 6 analysts covering Bonterra Energy Corp (TSE:BNE), 4 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 67% are positive. $40 is the highest target while $17.50 is the lowest. The $29.02 average target is 15.43% above today’s ($25.14) stock price. Bonterra Energy Corp has been the topic of 25 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was initiated by IBC with “Underperform” on Wednesday, June 15. The stock of Bonterra Energy Corp (TSE:BNE) earned “Sector Perform” rating by Scotia Capital on Friday, August 12. On Friday, August 12 the stock rating was maintained by TD Securities with “Buy”. The firm earned “” rating on Monday, June 6 by Raymond James. Desjardins Securities maintained Bonterra Energy Corp (TSE:BNE) on Tuesday, June 28 with “” rating.

More notable recent Bonterra Energy Corp (TSE:BNE) news were published by: which released: “Bonterra Energy Corp. Confirms Cash Dividend for September 2016 Payable …” on October 03, 2016, also with their article: “Bonterra Energy Corp. Announces Second Quarter 2016 Results” published on August 10, 2016, published: “Reminder – Bonterra Energy (BNE) Goes Ex-Dividend Soon” on September 09, 2016. More interesting news about Bonterra Energy Corp (TSE:BNE) were released by: and their article: “Bonterra Energy Corp. Announces Year End 2015 Results” published on March 17, 2016 as well as‘s news article titled: “Bonterra Energy Corp. Corporate Update” with publication date: October 29, 2015.

Bonterra Energy Corp. is an gas and oil firm that is primarily focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The company has a market cap of $830.66 million. The Firm operates in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment. It currently has negative earnings. The Company’s assets consist of natural gas and crude oil assets.

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