Bonavista Energy (TSE:BNP)‘s stock had its “underperform” rating reaffirmed by stock analysts at Raymond James in a research note issued on Friday. They currently have a C$1.50 target price on the stock. Raymond James’ target price points to a potential upside of 15.38% from the company’s previous close.
BNP has been the topic of several other research reports. BMO Capital Markets lowered their target price on shares of Bonavista Energy from C$1.75 to C$1.60 in a research note on Friday. CIBC lowered their target price on shares of Bonavista Energy from C$1.65 to C$1.55 in a research note on Friday, October 5th. TD Securities lifted their target price on shares of Bonavista Energy from C$1.70 to C$1.85 in a research note on Friday. Finally, National Bank Financial lowered their target price on shares of Bonavista Energy from C$1.65 to C$1.55 in a research note on Friday, October 5th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of C$2.13.
Bonavista Energy stock opened at C$1.30 on Friday. Bonavista Energy has a 1 year low of C$1.11 and a 1 year high of C$2.96.
Bonavista Energy Company Profile
Bonavista Energy Corporation acquires, develops, and holds interests in oil and natural gas properties and assets in Western Canada. As of December 31, 2017, its proved reserves totaled 275.0 million barrels of oil equivalent; and proved plus probable reserves were 437.7 million barrels of oil equivalent.
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