Bellatrix Exploration (BXE) Reaches New 12-Month Low at $1.82

Bellatrix Exploration Ltd (TSE:BXE) (NYSE:BXE) hit a new 52-week low during trading on Friday . The stock traded as low as C$1.82 and last traded at C$1.85, with a volume of 372126 shares. The stock had previously closed at C$1.92.

Several equities research analysts have recently commented on the stock. BMO Capital Markets set a C$1.90 price target on shares of Bellatrix Exploration and gave the stock an “underperform” rating in a research report on Thursday. National Bank Financial lowered their price target on shares of Bellatrix Exploration from C$4.00 to C$2.75 and set a “sector perform” rating for the company in a research report on Tuesday, January 9th. TD Securities lowered their price target on shares of Bellatrix Exploration from C$4.00 to C$3.25 and set a “hold” rating for the company in a research report on Friday, December 15th. AltaCorp Capital cut shares of Bellatrix Exploration from an “outperform” rating to a “sector perform” rating in a research report on Friday, November 10th. Finally, Eight Capital lowered their price target on shares of Bellatrix Exploration from C$4.50 to C$4.00 in a research report on Monday, November 13th. One analyst has rated the stock with a sell rating and seven have given a hold rating to the stock. Bellatrix Exploration has an average rating of “Hold” and a consensus target price of C$2.44.

The firm has a market capitalization of $92.83, a price-to-earnings ratio of -1.21 and a beta of 1.14.

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About Bellatrix Exploration

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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