Top25-SA-Banner

TD Securities Keeps a Hold Rating on Bonterra Energy (BNE)


Bonterra Energy (TSX: BNE), the Materials sector company was revisited on October 10, yet the Wall Street analyst remains currently on the sidelines. Analyst Aaron Bilkoski from TD Securities remains neutral on the stock and has a C$19 price target.

According to TipRanks.com, Bilkoski has currently no stars on a ranking scale of 0-5 stars, with an average return of -9.8% and a 34.8% success rate. Bilkoski covers the Basic Materials sector, focusing on stocks such as BlackPearl Resources Inc, Freehold Royalties Ltd, and Pengrowth Energy Corp.

Read also: Direxion Daily Jr Gld Mnrs (JNUG): Gold Stocks Recovering

Currently, the analyst consensus on Bonterra Energy is a Moderate Buy with an average price target of C$20.83.

The company has a one-year high of C$20.29 and a one-year low of C$12.26. Currently, Bonterra Energy has an average volume of 98.89K.

Bonterra Energy Corp. engages in the development and production of oil and natural gas. It focuses in the development of Cardium zone of the Pembina and Willesden Green fields located in West Central Alberta. The company was founded by George Frederick Fink in 1998 and is headquartered in Calgary, Canada.

The company’s shares closed on Thursday at C$17.60.