In a report released today, Gabriele Sorbara from Williams Capital maintained a Hold rating on Lilis Energy (LLEX), with a price target of $2.50. The company’s shares opened today at $1.78, close to its 52-week low of $1.06.
According to TipRanks.com, Sorbara has 0 stars on 0-5 star ranking scale with an average return of -11.0% and a 32.0% success rate. Sorbara covers the Basic Materials sector, focusing on stocks such as Gulfport Energy Corp, Extraction Oil & Gas, and Oasis Petroleum Inc.
Lilis Energy has an analyst consensus of Moderate Buy, with a price target consensus of $3.75.
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The company has a one-year high of $6.30 and a one-year low of $1.06. Currently, Lilis Energy has an average volume of 529K.
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Lilis Energy, Inc. engages in the exploration, acquisition, drilling and production of oil and gas properties. Its property portfolio includes the Delaware and DJ basins. The firm operates a contiguous acreage block in Loving and Winkler Counties, with additional acreage in Lea County, New Mexico.
