Stone Energy (SGY) Earns Average Rating from Raymond James

Raymond James reiterated their average rating on shares of Stone Energy (NYSE:SGY) in a research report sent to investors on Thursday morning. They currently have a $1.75 target price on the oil and natural gas company’s stock.

Several other research firms have also recently issued reports on SGY. Royal Bank of Canada reiterated a neutral rating and issued a $2.50 target price on shares of Stone Energy in a research note on Monday, January 7th. CIBC reiterated a hold rating and issued a $2.25 target price on shares of Stone Energy in a research note on Friday, February 1st. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $11.88.

Stone Energy has a 12 month low of $16.76 and a 12 month high of $40.16.

Stone Energy Company Profile

Stone Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and operation of oil and gas properties in the Gulf of Mexico. As of December 31, 2017, it had an estimated proved oil and natural gas reserves of approximately 32.5 million barrels of oil equivalent.

See Also: What are retained earnings?

Receive News & Ratings for Stone Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stone Energy and related companies with MarketBeat.com's FREE daily email newsletter.