Oppenheimer analyst Tim Rezvan assigned a Hold rating to Denbury Resources (DNR) today. The company’s shares opened today at $2.12, close to its 52-week low of $1.39.
According to TipRanks.com, Rezvan is a 2-star analyst with an average return of 0.2% and a 50.0% success rate. Rezvan covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Gulfport Energy Corp, and Par Pacific Holdings.
Denbury Resources has an analyst consensus of Hold, with a price target consensus of $3.30.
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Denbury Resources’ market cap is currently $930.3M and has a P/E ratio of 3.15. The company has a Price to Book ratio of 0.97.
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Denbury Resources, Inc. is an independent oil and natural gas company. Its activities include exploitation, drilling, and extraction. It operates in the Gulf Coast and Rocky Mountain regions. The company was founded by Gareth G. Roberts in 1951 and is headquartered in Plano, TX.
