Enerplus Corp (TSE:ERF) (NYSE:ERF) had its price objective reduced by Barclays PLC from C$15.00 to C$14.00 in a research report report published on Monday, July 24th.

A number of other brokerages have also issued reports on ERF. Raymond James Financial, Inc. increased their target price on shares of Enerplus Corp from C$14.50 to C$15.50 and gave the stock an outperform rating in a research report on Monday, May 8th. TD Securities increased their price target on shares of Enerplus Corp from C$14.50 to C$15.50 and gave the stock a buy rating in a research report on Monday, May 8th. Royal Bank Of Canada increased their price target on shares of Enerplus Corp from C$13.00 to C$14.00 and gave the stock an outperform rating in a research report on Monday, May 15th. Scotiabank increased their price target on shares of Enerplus Corp from C$16.50 to C$17.50 and gave the stock an outperform rating in a research report on Monday, May 15th. Finally, Capital One Financial Corporation reiterated an overweight rating on shares of Enerplus Corp in a research report on Tuesday, July 11th. Ten equities research analysts have rated the stock with a buy rating, Enerplus Corp currently has a consensus rating of Buy and an average price target of C$15.25.

Enerplus Corp (TSE:ERF) traded down 0.09% during midday trading on Monday, reaching $11.31. The company had a trading volume of 552,168 shares. The firm has a market capitalization of $2.74 billion and a P/E ratio of 2.97. The stock’s 50 day moving average price is $10.92 and its 200-day moving average price is $10.94. Enerplus Corp has a one year low of $7.43 and a one year high of $13.55.

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The business also recently declared a aug 17 dividend, which was paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st were issued a $0.01 dividend. This represents a yield of 1.06%. The ex-dividend date of this dividend was Thursday, July 27th.

Enerplus Corp Company Profile

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company’s oil and natural gas properties are located primarily in North Dakota, Montana, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan.

Analyst Recommendations for Enerplus Corp (TSE:ERF)

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