Shares of Bonterra Energy Corp (TSE:BNE) have received a consensus recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is C$21.33.
Several equities analysts recently commented on the company. Raymond James Financial reduced their target price on Bonterra Energy from C$24.00 to C$22.00 in a research report on Monday, February 5th. TD Securities boosted their target price on Bonterra Energy from C$18.50 to C$19.50 and gave the stock a “buy” rating in a research report on Thursday, November 9th. Eight Capital reduced their target price on Bonterra Energy from C$20.00 to C$18.50 in a research report on Thursday, February 8th. National Bank Financial upped their price objective on Bonterra Energy from C$21.00 to C$21.50 and gave the stock an “outperform” rating in a report on Tuesday, January 9th. Finally, AltaCorp Capital upgraded Bonterra Energy from a “sector perform” rating to an “outperform” rating in a report on Thursday, December 21st.
Bonterra Energy (TSE BNE) opened at C$13.66 on Friday. Bonterra Energy has a 52-week low of C$12.26 and a 52-week high of C$25.54. The company has a market capitalization of $453.03, a PE ratio of -680.00 and a beta of 1.06.
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Thursday, February 15th will be issued a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.78%. The ex-dividend date of this dividend is Wednesday, February 14th. Bonterra Energy’s payout ratio is currently -6,000.00%.
In other news, insider George Frederick Fink acquired 5,000 shares of the business’s stock in a transaction dated Monday, January 29th. The stock was purchased at an average cost of C$14.53 per share, for a total transaction of C$72,650.00. Insiders bought a total of 25,000 shares of company stock valued at $345,400 over the last quarter.
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About Bonterra Energy
Bonterra Energy Corp. (Bonterra) is an oil and gas company. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin.
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