Birchcliff Energy (BIR), the Materials sector company, was revisited by a Wall Street analyst today. The company received a Buy rating from Raymond James’ analyst Kurt Molnar, with a C$5 price target.
According to TipRanks.com, Molnar is ranked 0 out of 5 stars with an average return of -24.3% and a 17.7% success rate. Molnar covers the Basic Materials sector, focusing on stocks such as Tamarack Valley Energy Ltd, Birchcliff Energy Ltd, and NuVista Energy Ltd.
Birchcliff Energy has an analyst consensus of Strong Buy, with a price target consensus of C$5.09.
Birchcliff Energy’s market cap is currently C$938.6M and has a P/E ratio of 16.6. The company has a Price to Book ratio of 0.56.
Birchcliff Energy Ltd. engages in the exploration, development and production of oil and natural gas. It produces and sells light crude oil, natural gas and natural gas liquids.
The company’s shares closed on Friday at C$3.59.
