The Materials sector company, Bellatrix Exploration (TSX: BXE), has received a rating update from a Wall Street analyst today. Analyst Juan Jarrah from TD Securities rated Bellatrix Exploration (TSX: BXE) a Hold, setting a C$1.50 price target.
According to TipRanks.com, Jarrah is ranked #4713 out of 4853 analysts.
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The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Bellatrix Exploration with a C$1.25 average price target, which is a 9.6% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Hold rating on the stock with a C$1.25 price target.
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Bellatrix Exploration’s market cap is currently C$58.76M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.08.
Bellatrix Exploration Ltd. is an oil and gas company, which engages in the exploration, acquisition, development, and production of oil and natural gas. It focuses on the operation in west central Alberta that develops Spirit River. The company was founded on November 1, 2009 and is headquartered in Calgary, Canada.
The company’s shares closed on Friday at C$1.15.
