Roth Capital set a $9.00 price objective on Lonestar Resources US Inc. (NASDAQ:LONE) in a research note released on Tuesday. The firm currently has a buy rating on the energy company’s stock.

Several other analysts also recently commented on LONE. Wunderlich raised their price objective on Lonestar Resources US from $13.00 to $15.00 and gave the stock a buy rating in a research note on Wednesday, May 31st. Zacks Investment Research raised Lonestar Resources US from a hold rating to a buy rating and set a $5.00 price objective on the stock in a research note on Friday, June 2nd. Seaport Global Securities downgraded Lonestar Resources US from a buy rating to a neutral rating and set a $3.25 price objective on the stock. in a research note on Wednesday, June 21st. ValuEngine downgraded Lonestar Resources US from a sell rating to a strong sell rating in a research note on Friday, July 7th. Finally, Cowen and Company set a $9.00 price objective on Lonestar Resources US and gave the stock a buy rating in a research note on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, one has given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of $8.28.

Lonestar Resources US (LONE) opened at 3.26 on Tuesday. Lonestar Resources US has a one year low of $2.43 and a one year high of $13.12. The stock’s 50 day moving average price is $3.42 and its 200-day moving average price is $4.45. The stock’s market cap is $71.15 million.

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In other news, Director Stephen H. Oglesby bought 10,000 shares of the stock in a transaction on Friday, August 25th. The stock was purchased at an average price of $3.10 per share, for a total transaction of $31,000.00. Following the acquisition, the director now owns 10,000 shares in the company, valued at $31,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders have purchased a total of 22,200 shares of company stock worth $66,836 in the last ninety days. 3.60% of the stock is currently owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in the company. Susquehanna International Group LLP purchased a new position in Lonestar Resources US during the second quarter worth about $242,000. Phoenix Investment Adviser LLC boosted its position in Lonestar Resources US by 28.0% in the first quarter. Phoenix Investment Adviser LLC now owns 100,496 shares of the energy company’s stock worth $509,000 after buying an additional 22,000 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its position in Lonestar Resources US by 54.4% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 258,593 shares of the energy company’s stock worth $1,308,000 after buying an additional 91,100 shares during the period. Vanguard Group Inc. boosted its position in Lonestar Resources US by 1.6% in the second quarter. Vanguard Group Inc. now owns 348,999 shares of the energy company’s stock worth $1,500,000 after buying an additional 5,372 shares during the period. Finally, B. Riley Financial Inc. purchased a new position in Lonestar Resources US during the second quarter worth about $2,744,000. Hedge funds and other institutional investors own 53.12% of the company’s stock.

Lonestar Resources US Company Profile

Lonestar Resources Limited is an Australia-based oil and gas exploration and production company. The Company is involved in the exploration, production and acquisition of unconventional oil and gas reserves. It holds interests in approximately 38,191 net acres in the Eagle Ford Shale, Bakken and Three Forks plays.

Analyst Recommendations for Lonestar Resources US (NASDAQ:LONE)

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