Bellatrix Exploration Ltd (BXE) Price Target Cut to C$4.00 by Analysts at TD Securities

Bellatrix Exploration Ltd (TSE:BXE) (NYSE:BXE) had its price target reduced by TD Securities from C$4.25 to C$4.00 in a research note released on Friday. They currently have a hold rating on the stock.

Separately, Raymond James Financial, Inc. cut their target price on shares of Bellatrix Exploration from C$4.00 to C$3.75 in a research report on Tuesday, October 24th. Six investment analysts have rated the stock with a hold rating, The company currently has an average rating of Hold and an average price target of C$2.33.

Shares of Bellatrix Exploration (BXE) traded down C$0.11 during trading on Friday, hitting C$3.14. 89,695 shares of the company traded hands, compared to its average volume of 105,715. Bellatrix Exploration has a 12 month low of C$2.77 and a 12 month high of C$6.95.

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Bellatrix Exploration Company Profile

Bellatrix Exploration Ltd. is an oil and gas exploration company engaged in the exploration for, and the acquisition, development and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s properties include Ferrier, Willesden Green, Greater Pembina, Strachan and Harmattan.

Analyst Recommendations for Bellatrix Exploration (TSE:BXE)

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