Shares of Bellatrix Exploration Ltd (TSE:BXE) (NYSE:BXE) have been given a consensus rating of “Hold” by the eight research firms that are presently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is C$2.83.
Several analysts have commented on the company. TD Securities lowered their price target on Bellatrix Exploration from C$4.25 to C$4.00 and set a “hold” rating for the company in a report on Friday, November 10th. Eight Capital reduced their price objective on Bellatrix Exploration from C$4.50 to C$4.00 in a research note on Monday, November 13th. Raymond James Financial, Inc. reduced their price objective on Bellatrix Exploration from C$4.00 to C$3.75 in a research note on Tuesday, October 24th. Finally, AltaCorp Capital lowered Bellatrix Exploration from an “outperform” rating to a “sector perform” rating in a research note on Friday, November 10th.
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Shares of Bellatrix Exploration (BXE) opened at C$2.73 on Monday. Bellatrix Exploration has a fifty-two week low of C$2.65 and a fifty-two week high of C$6.95.
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.
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