Bonterra Energy Corp (TSE:BNE) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Bonterra Energy Corp (TSE:BNE) have been assigned a consensus rating of “Hold” from the ten research firms that are covering the stock. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$28.28.
Several research analysts recently issued reports on BNE shares. TD Securities restated a “buy” rating and set a C$32.00 price objective on shares of Bonterra Energy Corp in a research report on Thursday, August 11th. BMO Capital Markets boosted their price target on Bonterra Energy Corp from C$26.00 to C$28.00 in a report on Thursday, June 30th. Scotiabank reiterated a “sector perform” rating and issued a C$28.50 price target on shares of Bonterra Energy Corp in a report on Thursday, August 11th. National Bank Financial cut their price target on Bonterra Energy Corp from C$30.00 to C$27.50 in a report on Wednesday, August 3rd. Finally, Dundee Securities boosted their price target on Bonterra Energy Corp from C$27.25 to C$27.75 in a report on Thursday, August 11th.
Shares of Bonterra Energy Corp (TSE:BNE) traded up 0.57% during mid-day trading on Thursday, hitting $26.55. The stock had a trading volume of 26,291 shares. The stock’s market cap is $879.95 million. Bonterra Energy Corp has a 12-month low of $11.71 and a 12-month high of $29.63. The company’s 50 day moving average price is $25.39 and its 200 day moving average price is $25.09.
The business also recently disclosed a monthly dividend, which will be paid on Monday, October 31st. Stockholders of record on Monday, October 31st will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, October 12th. This represents a $1.20 annualized dividend and a dividend yield of 4.55%.
Bonterra Energy Corp Company Profile
Bonterra Energy Corp. (Bonterra) is an oil and gas company that is primarily focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The Company operates in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment.
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