Capital One Financial Corporation started coverage on shares of Lilis Energy Inc (NASDAQ:LLEX) in a report released on Thursday morning. The brokerage issued an overweight rating and a $7.00 price target on the stock.

A number of other brokerages have also weighed in on LLEX. Northland Securities raised shares of Lilis Energy from a market perform rating to an outperform rating and set a $6.00 target price on the stock in a research note on Monday, August 28th. Leerink Swann started coverage on shares of Lilis Energy in a research note on Monday, August 28th. They set an outperform rating and a $6.00 target price on the stock. Zacks Investment Research raised shares of Lilis Energy from a sell rating to a hold rating in a research note on Thursday, September 7th. Stephens started coverage on shares of Lilis Energy in a research note on Friday, September 29th. They set an overweight rating and a $6.00 target price on the stock. Finally, Williams Capital started coverage on shares of Lilis Energy in a research note on Tuesday, September 26th. They set a buy rating and a $7.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Lilis Energy presently has an average rating of Buy and an average target price of $6.71.

Lilis Energy (LLEX) traded down 2.60% during trading on Thursday, hitting $4.87. 150,741 shares of the stock were exchanged. Lilis Energy has a 52 week low of $2.10 and a 52 week high of $5.69. The stock has a 50 day moving average of $4.02 and a 200-day moving average of $4.39. The stock’s market cap is $247.48 million.

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A number of large investors have recently bought and sold shares of the stock. National Asset Management Inc. boosted its stake in Lilis Energy by 22.7% during the second quarter. National Asset Management Inc. now owns 21,600 shares of the company’s stock worth $106,000 after acquiring an additional 4,000 shares in the last quarter. Nationwide Fund Advisors bought a new stake in Lilis Energy during the second quarter worth about $117,000. Biegel & Waller LLC bought a new stake in Lilis Energy during the second quarter worth about $123,000. The Manufacturers Life Insurance Company bought a new stake in Lilis Energy during the second quarter worth about $180,000. Finally, Rhumbline Advisers bought a new stake in Lilis Energy during the second quarter worth about $219,000.

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.

Analyst Recommendations for Lilis Energy (NASDAQ:LLEX)

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