Today, Brokerages Set Bellatrix Exploration Ltd (BXE) Price Target at $1.72

Today, Brokerages Set Bellatrix Exploration Ltd (BXE) Price Target at $1.72
Shares of Bellatrix Exploration Ltd (TSE:BXE) (NYSE:BXE) have been given a consensus rating of “Hold” by the ten research firms that are currently covering the company. Four research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$1.72.

A number of equities research analysts recently commented on the stock. CIBC reduced their price objective on shares of Bellatrix Exploration from C$1.65 to C$1.45 in a research report on Wednesday, October 19th. Scotiabank restated a “sector perform” rating and issued a C$1.50 price objective on shares of Bellatrix Exploration in a research report on Wednesday, September 21st. CSFB raised their price objective on shares of Bellatrix Exploration from C$1.00 to C$1.25 and gave the company a “neutral” rating in a research report on Tuesday, September 20th. TD Securities restated a “hold” rating and issued a C$1.50 price objective on shares of Bellatrix Exploration in a research report on Tuesday, September 20th. Finally, AltaCorp Capital reduced their price objective on shares of Bellatrix Exploration from C$2.00 to C$1.60 and set an “overweight” rating for the company in a research report on Thursday, August 11th.

Bellatrix Exploration (TSE:BXE) opened at 1.05 on Wednesday. The company has a 50-day moving average price of $1.14 and a 200 day moving average price of $1.21. The stock’s market capitalization is $258.58 million. Bellatrix Exploration has a 12 month low of $0.97 and a 12 month high of $2.22.

Related posts

Leave a Comment