A Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. BMO Capital’s analyst Randy Ollenberger reiterates their Hold rating on the shares of Bonavista Energy (BNP), with a C$1.50 price target.
According to TipRanks.com, Ollenberger is a 1-star analyst with an average return of -2.7% and a 42.2% success rate. Ollenberger covers the Basic Materials sector, focusing on stocks such as Athabasca Oil Corporation, Birchcliff Energy Ltd, and Imperial Oil Limited.
The word on The Street in general, suggests a Hold analyst consensus rating for Bonavista Energy with a C$1.53 average price target.
The company has a one-year high of C$2.05 and a one-year low of C$1.01. Currently, Bonavista Energy has an average volume of 824K.
Bonavista Energy Corp. engages in the exploration, development, and production of oil and gas properties. It produces natural gas; light, medium, and heavy oil; and natural gas liquids in the core areas of West Central and Deep Basin. The company was founded in 1997 and is headquartered in Calgary, Canada.
The company’s shares closed on Monday at C$1.18, close to its 52-week low of C$1.01.
