Can analysts adopt a bullish outlook for Bonterra Energy Corp (TSE:BNE)?

February 15, 2018 - By Winifred Garcia

 Can analysts adopt a bullish outlook for Bonterra Energy Corp (TSE:BNE)?

Bonterra Energy Corp (TSE:BNE) Ratings Coverage

Among 9 analysts covering Bonterra Energy Corp (TSE:BNE), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Bonterra Energy Corp had 34 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, December 21 by RBC Capital Markets. On Wednesday, February 8 the stock rating was maintained by Scotia Capital with “Sector Perform”. On Thursday, August 24 the stock rating was upgraded by Raymond James to “Strong Buy”. TD Securities maintained Bonterra Energy Corp (TSE:BNE) rating on Friday, August 12. TD Securities has “Buy” rating and $32 target. The stock of Bonterra Energy Corp (TSE:BNE) earned “Buy” rating by TD Securities on Wednesday, March 15. On Wednesday, March 15 the stock rating was maintained by Scotia Capital with “Sector Perform”. The rating was maintained by Scotia Capital on Friday, August 12 with “Sector Perform”. IBC initiated Bonterra Energy Corp (TSE:BNE) on Wednesday, June 15 with “Underperform” rating. The rating was upgraded by Versant Partners on Wednesday, December 21 to “Neutral”. The firm has “” rating given on Tuesday, June 28 by Desjardins Securities. Below is a list of Bonterra Energy Corp (TSE:BNE) latest ratings and price target changes.

24/08/2017 Broker: Raymond James Old Rating: Outperform New Rating: Strong Buy New Target: $26.00 Upgrade
17/08/2017 Broker: National Bank Canada Rating: Outperform Old Target: $22.00 New Target: $21.00 Target Down

The stock increased 3.16% or $0.43 during the last trading session, reaching $14.04. About 119,233 shares traded. Bonterra Energy Corp (TSE:BNE) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Bonterra Energy Corp., an upstream oil and gas company, engages in the production and sale of crude oil, natural gas, and natural gas liquids. The company has market cap of $467.68 million. It primarily focuses on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. It currently has negative earnings. The firm also holds interests in the Shaunavon area in Saskatchewan, and the Prespatou area of northeast British Columbia.

More notable recent Bonterra Energy Corp (TSE:BNE) news were published by: Globenewswire.com which released: “Bonterra Energy Corp. Confirms Cash Dividend for January 2018 Payable February …” on February 01, 2018, also Seekingalpha.com with their article: “Bonterra Energy: An Ignored Growth And Income Story” published on October 23, 2017, Marketwired.com published: “Bonterra Energy Corp. Confirms Cash Dividend for October 2017 Payable November …” on November 01, 2017. More interesting news about Bonterra Energy Corp (TSE:BNE) were released by: Marketwired.com and their article: “Bonterra Energy Corp. Announces 2016 Year End Corporate Reserves Information” published on February 07, 2017 as well as Marketwired.com‘s news article titled: “Bonterra Energy Corp. Announces Second Quarter 2017 Financial and Operational …” with publication date: August 09, 2017.

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