Bellatrix Exploration Ltd (BXE) PT Lowered to C$1.45 at TD Securities
Bellatrix Exploration Ltd (TSE:BXE) (NYSE:BXE) had its price target lowered by TD Securities from C$1.50 to C$1.45 in a research note published on Thursday morning. The brokerage currently has a hold rating on the stock.
Other analysts have also issued research reports about the stock. Canaccord Genuity upgraded shares of Bellatrix Exploration from a hold rating to a speculatie buy rating and lowered their price objective for the company from C$1.60 to C$1.50 in a research note on Wednesday, March 8th. Scotiabank reiterated a sector perform rating and issued a C$1.40 price objective on shares of Bellatrix Exploration in a research note on Wednesday, March 8th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Bellatrix Exploration presently has a consensus rating of Hold and an average target price of C$1.64.
Bellatrix Exploration (TSE:BXE) opened at 1.00 on Thursday. The company’s market capitalization is $246.27 million. The stock has a 50 day moving average of $1.04 and a 200 day moving average of $1.14. Bellatrix Exploration has a 12 month low of $0.96 and a 12 month high of $1.68.
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About Bellatrix Exploration
Bellatrix Exploration Ltd. is an oil and gas exploration company engaged in the exploration for, and the acquisition, development and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s properties include Ferrier, Willesden Green, Greater Pembina, Strachan and Harmattan.
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