Today Baytex Energy Corp Stock Crashes

 Today Baytex Energy Corp Stock Crashes

The stock of Baytex Energy Corp (TSE:BTE) is a huge mover today! About 933,407 shares traded hands. Baytex Energy Corp (TSE:BTE) has risen 4.57% since April 7, 2016 and is uptrending. It has underperformed by 1.57% the S&P500.
The move comes after 5 months negative chart setup for the $1.07 billion company. It was reported on Nov, 11 by Barchart.com. We have $4.74 PT which if reached, will make TSE:BTE worth $74.90M less.

Baytex Energy Corp (TSE:BTE) Ratings Coverage

Out of 5 analysts covering Baytex Energy Trust (TSE:BTE), 1 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 20% are positive. $27.50 is the highest target while $5.50 is the lowest. The $7.40 average target is 45.10% above today’s ($5.1) stock price. Baytex Energy Trust has been the topic of 31 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The company was maintained on Monday, June 6 by Raymond James. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, December 7. The rating was maintained by FirstEnergy Capital on Monday, August 31 with “Market Perform”. The stock of Baytex Energy Corp (TSE:BTE) earned “” rating by Desjardins Securities on Tuesday, June 28. The stock has “Sector Perform” rating given by RBC Capital Markets on Friday, December 11. Scotia Capital maintained the stock with “Outperform” rating in Thursday, November 3 report. Scotia Capital maintained it with “Outperform” rating and $8.75 target price in Friday, July 29 report. The company was initiated on Wednesday, June 15 by IBC. The stock of Baytex Energy Corp (TSE:BTE) earned “Hold” rating by TD Securities on Thursday, November 3.

More notable recent Baytex Energy Corp (TSE:BTE) news were published by: Fool.ca which released: “Why Baytex Energy Corp. Stands to Gain From a Trump Presidency” on November 11, 2016, also Fool.com with their article: “Baytex Energy Corp.’s Q3 Results Show Progress Where It Matters Most” published on November 03, 2016, Fool.ca published: “2 Reasons Baytex Energy Corp. Shares Have Bottomed” on November 09, 2016. More interesting news about Baytex Energy Corp (TSE:BTE) were released by: Fool.ca and their article: “Baytex Energy Corp.: High Risk, Higher Reward” published on October 31, 2016 as well as Fool.ca‘s news article titled: “3 Reasons to Buy Baytex Energy Corp.” with publication date: October 20, 2016.

Baytex Energy Corp. is engaged in the business of acquiring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets in Canada and in the United States (Texas). The company has a market cap of $1.07 billion. The Company’s natural gas and crude oil activities are organized into three business units: Lloydminster, Central and United States. It currently has negative earnings. Each business unit has a portfolio of mineral leases, operated and non-operated properties and development prospects.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment