What’s in Bonterra Energy Corp After Today’s Huge Increase?

 What's in Bonterra Energy Corp After Today's Huge Increase?

The stock of Bonterra Energy Corp (TSE:BNE) is a huge mover today! About 48,070 shares traded hands. Bonterra Energy Corp (TSE:BNE) has declined 15.15% since April 26, 2016 and is downtrending. It has underperformed by 20.38% the S&P500.
The move comes after 8 months positive chart setup for the $796.28M company. It was reported on Nov, 30 by Barchart.com. We have $26.08 PT which if reached, will make TSE:BNE worth $31.85 million more.

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 15.71% above today’s ($25.08) stock price. Bonterra Energy Corp has been the topic of 26 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating by Scotia Capital given on Friday, August 12. As per Wednesday, June 15, the company rating was initiated by IBC. Desjardins Securities maintained Bonterra Energy Corp (TSE:BNE) rating on Tuesday, June 28. Desjardins Securities has “” rating and $29 price target. The company was maintained on Friday, August 12 by TD Securities. The rating was maintained by Raymond James with “” on Monday, June 6. The firm earned “Sector Perform” rating on Friday, November 11 by Scotia Capital.

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 $796.28 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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