Lilis Energy (LLEX) Earning Somewhat Favorable Media Coverage, Accern Reports
Media headlines about Lilis Energy (NASDAQ:LLEX) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lilis Energy earned a news impact score of 0.10 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.2983539152325 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Lilis Energy (NASDAQ LLEX) opened at 3.79 on Friday. The company’s 50 day moving average price is $4.17 and its 200-day moving average price is $4.37. Lilis Energy has a 52 week low of $1.70 and a 52 week high of $5.69. The firm’s market capitalization is $192.60 million.
A number of brokerages recently commented on LLEX. Seaport Global Securities began coverage on Lilis Energy in a research note on Tuesday, May 23rd. They set a “buy” rating and a $8.50 price objective for the company. SunTrust Banks, Inc. began coverage on Lilis Energy in a research note on Monday, August 14th. They set a “buy” rating and a $7.00 price objective for the company. Northland Securities cut Lilis Energy from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 3rd. Finally, Zacks Investment Research cut Lilis Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $7.67.
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Lilis Energy Company Profile
Lilis Energy, Inc is an upstream independent oil and gas company. The Company is engaged in the acquisition, drilling and production of oil and natural gas properties and prospects. The Company drills for, operates and produces oil and natural gas wells through its land holdings located in Wyoming, Colorado, and Nebraska.
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