Today: Today: Zacks: Sundance Energy Australia Ltd (SNDE) Given Average Recommendation of “Strong Buy” from Analysts

Today: Zacks: Sundance Energy Australia Ltd (SNDE) Given Average Recommendation of “Strong Buy” from Analysts

Sundance Energy Australia Ltd (NASDAQ:SNDE) has received a consensus broker rating score of 1.25 (Strong Buy) from the four analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a buy rating and three have given a strong buy rating to the company.

Analysts have set a 12 month consensus target price of $25.25 for the company, according to Zacks. Zacks has also given Sundance Energy Australia an industry rank of 61 out of 265 based on the ratings given to related companies.

Several research analysts have weighed in on SNDE shares. Northland Securities started coverage on Sundance Energy Australia in a research note on Thursday, September 22nd. They issued an “outperform” rating on the stock. Scotiabank reiterated a “focus stock” rating and issued a $28.00 target price on shares of Sundance Energy Australia in a research note on Friday, September 16th. Howard Weil assumed coverage on Sundance Energy Australia in a research note on Thursday, September 15th. They issued a “focus stock” rating and a $28.00 target price on the stock. Finally, Seaport Global Securities assumed coverage on Sundance Energy Australia in a research note on Thursday. They issued a “buy” rating and a $25.00 price target on the stock.

Shares of Sundance Energy Australia (NASDAQ:SNDE) opened at 14.20 on Friday. The stock’s market capitalization is $88.84 million. Sundance Energy Australia has a one year low of $9.75 and a one year high of $17.60. The firm has a 50-day moving average price of $13.26 and a 200 day moving average price of $13.26.

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