Analyst Provides Guidance for This Canadian Energy Stock


KeyBanc analyst Leo Mariani maintained a Buy rating on SRC Energy Inc (SRCI) today and set a price target of $5.00. The company’s shares closed last Monday at $3.92, close to its 52-week low of $3.17.

According to TipRanks.com, Mariani is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -10.7% and a 29.9% success rate. Mariani covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Jagged Peak Energy Inc, and Whiting Petroleum Corp.

SRC Energy Inc has an analyst consensus of Moderate Buy, with a price target consensus of $5.50.

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The company has a one-year high of $8.83 and a one-year low of $3.17. Currently, SRC Energy Inc has an average volume of 5.67M.

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SRC Energy, Inc. engages in the acquisition, development and production of oil and natural gas. It focuses in the operation of Wattenberg Field in the Denver-Julesburg Basin. The company was founded on May 11, 2005 and is headquartered in Denver, CO.

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