Shares of Bonavista Energy Corp (TSE:BNP) have been assigned a consensus recommendation of “Hold” from the thirteen research firms that are currently covering the stock. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$4.63.

BNP has been the topic of a number of analyst reports. AltaCorp Capital increased their price target on Bonavista Energy Corp from C$3.80 to C$3.85 in a research report on Thursday, July 28th. RBC Capital Markets raised their target price on Bonavista Energy Corp from C$3.50 to C$4.00 in a research report on Thursday, July 28th. Royal Bank Of Canada raised their target price on Bonavista Energy Corp from C$3.50 to C$4.00 in a research report on Thursday, July 28th. Barclays PLC raised their target price on Bonavista Energy Corp from C$4.00 to C$5.00 and gave the stock an “equal weight” rating in a research report on Wednesday, September 7th. Finally, BMO Capital Markets raised their target price on Bonavista Energy Corp from C$4.25 to C$4.75 and gave the stock a “market perform” rating in a research report on Wednesday, September 7th.

Shares of Bonavista Energy Corp (TSE:BNP) opened at 4.53 on Tuesday. The company has a 50-day moving average price of $4.42 and a 200-day moving average price of $3.80. Bonavista Energy Corp has a 12 month low of $0.94 and a 12 month high of $4.94. The stock’s market cap is $1.16 billion.

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About Bonavista Energy Corp

Bonavista Energy Corporation is a resource company engaged in the acquisition, exploration, development and production of oil and natural gas assets. The Company’s West Central Core Area is characterized by natural gas and light oil resources. West Central Core Area is located within the Western Canadian Sedimentary Basin (WCSB) between Calgary and Drayton Valley, Alberta.

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