Bellatrix Exploration (TSE:BXE) (NYSE:BXE) had its price objective reduced by National Bank Financial from C$4.00 to C$2.75 in a report issued on Tuesday morning. They currently have a sector perform rating on the stock.
Other equities analysts have also issued reports about the stock. Eight Capital cut their price target on shares of Bellatrix Exploration from C$4.50 to C$4.00 in a report on Monday, November 13th. Raymond James Financial cut their price target on shares of Bellatrix Exploration from C$4.00 to C$3.75 in a report on Tuesday, October 24th. TD Securities cut their price target on shares of Bellatrix Exploration from C$4.00 to C$3.25 and set a hold rating on the stock in a report on Friday, December 15th. Finally, AltaCorp Capital lowered shares of Bellatrix Exploration from an outperform rating to a sector perform rating in a report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of C$2.44.
Bellatrix Exploration (TSE BXE) opened at C$1.88 on Tuesday. Bellatrix Exploration has a 1-year low of C$1.82 and a 1-year high of C$6.40. The stock has a market cap of $92.83, a price-to-earnings ratio of -1.21 and a beta of 1.14.
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About Bellatrix Exploration
Bellatrix Exploration Ltd. is an oil and gas exploration company engaged in the exploration for, and the acquisition, development and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s properties include Ferrier, Willesden Green, Greater Pembina, Strachan and Harmattan.
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