Sundance Energy Australia’s (SNDE) “Outperform” Rating Reiterated at Iberia Capital
Iberia Capital restated their outperform rating on shares of Sundance Energy Australia Ltd. (NASDAQ:SNDE) in a report published on Tuesday. The brokerage currently has a $7.00 price objective on the energy company’s stock.
Other analysts have also issued reports about the stock. Canaccord Genuity lowered shares of Sundance Energy Australia to a buy rating in a report on Tuesday, August 1st. Stifel Nicolaus set a $7.00 price objective on shares of Sundance Energy Australia and gave the stock a buy rating in a report on Friday, August 25th. Zacks Investment Research upgraded shares of Sundance Energy Australia from a strong sell rating to a hold rating in a report on Thursday, June 1st. Finally, Seaport Global Securities lowered shares of Sundance Energy Australia from a buy rating to a neutral rating and lowered their target price for the company from $20.00 to $4.25 in a report on Wednesday, June 21st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock presently has an average rating of Buy and an average price target of $15.21.
Sundance Energy Australia (NASDAQ SNDE) opened at 4.08 on Tuesday. Sundance Energy Australia has a 1-year low of $3.91 and a 1-year high of $17.99. The company’s 50-day moving average price is $4.55 and its 200-day moving average price is $6.88. The firm’s market capitalization is $50.91 million.
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About Sundance Energy Australia
Sundance Energy Australia Limited engages in the exploration, development, and production of oil and natural gas in the United States. The companys exploration and development activities are focused in the Eagle Ford project in the South-Texas-Gulf Coast Basin; and the Mississippian/Woodford Formations in Oklahoma.
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