Bonanza Creek Energy, Inc. (BCEI) Receives Consensus Rating of “Hold” from Analysts
Bonanza Creek Energy, Inc. (NYSE:BCEI) has been assigned an average recommendation of “Hold” from the six research firms that are currently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $28.50.
BCEI has been the subject of several recent research reports. KeyCorp reiterated a “hold” rating on shares of Bonanza Creek Energy in a report on Monday, November 13th. ValuEngine raised Bonanza Creek Energy from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, Zacks Investment Research raised Bonanza Creek Energy from a “hold” rating to a “strong-buy” rating and set a $32.00 target price on the stock in a research note on Tuesday, January 2nd.
Shares of Bonanza Creek Energy (BCEI) traded up $0.47 during trading on Tuesday, reaching $27.89. The company’s stock had a trading volume of 212,421 shares, compared to its average volume of 265,997. Bonanza Creek Energy has a fifty-two week low of $23.33 and a fifty-two week high of $40.60. The firm has a market cap of $570.46, a P/E ratio of -0.18 and a beta of 1.78.
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About Bonanza Creek Energy
Bonanza Creek Energy, Inc (Bonanza Creek) is an independent energy company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas in the United States. The Company’s oil and liquids-weighted assets are concentrated primarily in the Wattenberg Field in Colorado and the Dorcheat Macedonia Field in southern Arkansas.
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