Bonavista Energy (BNP) has received a rating update from a Wall Street analyst today. AltaCorp Captial’s analyst Thomas Matthews expressed some doubt about the stock, as it was downgraded to Sell with a C$0.90 price target.
According to TipRanks.com, Matthews is ranked #2998 out of 5120 analysts.
Bonavista Energy has an analyst consensus of Hold, with a price target consensus of C$1.51.
Bonavista Energy’s market cap is currently C$330.2M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.22.
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.
