Today, Vanguard Natural Resources, LLC (VNR) Given Average Recommendation of “Hold” from Brokerages

Today, Vanguard Natural Resources, LLC (VNR) Given Average Recommendation of “Hold” from Brokerages

Vanguard Natural Resources, LLC (NASDAQ:VNR) has received an average recommendation of “Hold” from the thirteen brokerages that are currently covering the company. Five analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $9.47.

Several brokerages recently issued reports on VNR. Ladenburg Thalmann lowered Vanguard Natural Resources from a “neutral” rating to a “sell” rating in a report on Tuesday, October 4th. Hilliard Lyons lowered Vanguard Natural Resources from a “neutral” rating to an “underperform” rating in a report on Monday, October 3rd. Raymond James Financial Inc. lowered Vanguard Natural Resources from a “market perform” rating to an “underperform” rating in a report on Monday, October 3rd. Stifel Nicolaus lowered Vanguard Natural Resources from a “hold” rating to a “sell” rating in a report on Monday, September 19th. Finally, Zacks Investment Research lowered Vanguard Natural Resources from a “buy” rating to a “hold” rating in a report on Wednesday, August 3rd.

Vanguard Natural Resources (NASDAQ:VNR) traded up 2.6450% on Tuesday, reaching $0.5239. The company’s stock had a trading volume of 430,004 shares. The firm’s market capitalization is $68.87 million. The stock’s 50 day moving average is $1.00 and its 200-day moving average is $1.40. Vanguard Natural Resources has a 52 week low of $0.46 and a 52 week high of $9.17.

Vanguard Natural Resources (NASDAQ:VNR) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.11. During the same period in the previous year, the business earned ($0.07) EPS. Analysts predict that Vanguard Natural Resources will post $1.09 EPS for the current year.

Several institutional investors have recently bought and sold shares of the company. State Street Corp raised its position in Vanguard Natural Resources by 3.9% in the first quarter. State Street Corp now owns 73,642 shares of the company’s stock worth $107,000 after buying an additional 2,756 shares during the last quarter. Creative Planning raised its position in Vanguard Natural Resources by 70.2% in the third quarter. Creative Planning now owns 130,376 shares of the company’s stock worth $118,000 after buying an additional 53,792 shares during the last quarter. Airain ltd acquired a new position in Vanguard Natural Resources during the second quarter worth approximately $135,000. Barclays PLC raised its position in Vanguard Natural Resources by 109.7% in the second quarter. Barclays PLC now owns 108,804 shares of the company’s stock worth $153,000 after buying an additional 1,235,980 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in Vanguard Natural Resources by 1.2% in the second quarter. PNC Financial Services Group Inc. now owns 118,677 shares of the company’s stock worth $167,000 after buying an additional 1,386 shares during the last quarter.

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