Bonterra Energy Corp (TSE:BNE) Has Just Had Its Price Target Diminished by Research Analysts at National Bank Financial to $27.50

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Analysis: Bonterra Energy Corp (TSE:BNE) Price Target Upgraded Today

In a very recent research note sent to clients and investors by National Bank Financial on Thursday morning, the firm, Bonterra Energy Corp (TSE:BNE), had their target price per share downgraded to $27.50. Analusts at present have a solid “Outperform” rating on the stock.

From a total of 13 analysts covering Bonterra Energy Corp (TSE:BNE) stock, 9 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 75% of the ratings are positive. The highest target price is $29.1 while the lowest target price is $16.9. The mean of all analyst targets is $22.43 with a 45.19% above today’s ($22.44) stock price. Bonterra Energy Corp was the topic of 9 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc.

Approximately 54,646 shares of stock traded hands. Bonterra Energy Corp (TSE:BNE) has declined 43.53% since April 30, 2015 and is downtrending. It has underperformed by 43.24% the S&P500.

Bonterra Energy Corp (TSE:BNE) Has Just Had Its Price Target Diminished by Research Analysts at National Bank Financial to $27.50

Bonterra Energy Corp. is an gas and oil company, engaged in the exploration, acquisition, development and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan. The company has a market cap of $743.90 million. The Company’s development efforts are focused in the Cardium zone of the Pembina and Willesden Green fields located in west central Alberta. It currently has negative earnings. Bonterra operates 85% of its production with an average land working interest of 77%.

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