Bill Barrett Corp. (NYSE:BBG) Closed the Last Trading Session at $4.91
- Author: Zachary Reyes Mar 08, 2017,
Mar 08, 2017, 3:43
According to Yahoo Finance, the price target for the company which analysts are aiming is 14.
BBG is up 3.1% at $5.06, after Canaccord Genuity upgraded the stock to "buy" from "hold" - though it also trimmed its price target to $7 from $8. Current price level places the company's stock about -25.35% from the 52-week high and 111.79% away from the 52-week low.
A number of other equities research analysts have also recently issued reports on the company. $7.35's average target is 47.59% above currents $4.98 stock price. Pinebridge Invs L P invested in 55,518 shares or 0.01% of the stock.
In the last Quarter, Bill Barrett Corp. The firm's market capitalization is $331.39 million.
When we look at the Analyst Recommendations of the stock, the company has 2.26 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. The company presently has a consensus rating of "Hold" and a consensus price target of $8.64. (NYSE:BBG) reported Actual EPS of $-0.18/share with the difference of -0.05 percent and a surprise of -38.5 percent. Its up 11.52% from 11.16 million shares previously. Company has a market cap of $425 M. The stock touched its high share price of $9.38 on April 27, 2016 and the stock also touched its Lowest price in the last 52-weeks of trading on Nov 3, 2016 as $4.61.
The stock's price switched up -15.56% 20-Days Simple Moving Average, dropped -25.64% from 50-Days Simple Moving Average and fell -23.46% from 200 Days Simple Moving Average. Zacks Investment Research downgraded shares of Bill Barrett Corporation from a "buy" rating to a "hold" rating in a research note on Tuesday, February 7th.
Analysts estimated $-0.13/share for the previous Quarter, where Bill Barrett Corp. The low EPS estimate is $-0.3, while the high EPS estimate is $-0.1.
The company reported its EPS on 03/02/2017.
Whereas they predicted High and Low Earnings Estimate as $-0.12 and $-0.26 respectively. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of worldwide copyright law. Caymus Capital Partners L.P. increased its position in Bill Barrett Corporation by 241.3% in the fourth quarter. Bill Barrett Corporation had a negative net margin of 81.86% and a negative return on equity of 4.43%. Wells Fargo & Company MN boosted its position in shares of Bill Barrett Corporation by 24.6% in the third quarter. The consensus target price is $8.24 with 1 broker rating the stock a strong buy, 3 brokers rating the stock a buy, 14 brokers rating the stock a hold, zero brokerages rating the company a underperform, and lastly zero brokerages rating the company a sell. Finally the shares closed at $4.98. State Street Corp now owns 2,999,286 shares of the energy company's stock valued at $20,963,000 after buying an additional 1,898,325 shares during the last quarter. The Insider Ownership of the company now is 2.3 percent, and Institutional Ownership is 0 percent.
Bill Barrett Corporation is an independent energy firm that develops, acquires and explores for oil and natural gas resources. The Company's assets and activities are located in the Rocky Mountain region of the United States. The Company develops oil and natural gas in the Rocky Mountain region of the United States.