Bonavista Energy (BNP) Receives a Sell from Raymond James


In a latest note to investors, a research analyst has provided a rating update for the Bonavista Energy (BNP). Analyst Jeremy Mccrea from Raymond James rated Bonavista Energy (BNP) a Sell yesterday, setting a C$1 price target.

According to TipRanks.com, Mccrea has currently no stars on a ranking scale of 0-5 stars, with an average return of -20.7% and a 21.9% success rate. Mccrea covers the Basic Materials sector, focusing on stocks such as Tamarack Valley Energy Ltd, Freehold Royalties Ltd, and PrairieSky Royalty Ltd.

Bonavista Energy has an analyst consensus of Hold, with a price target consensus of C$1.56.

Bonavista Energy’s market cap is currently C$280.8M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.19.

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 Thursday at C$1.08, close to its 52-week low of C$1.06.

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