Analysts Set Sundance Energy Australia Ltd. (SNDE) Target Price at $6.08
Shares of Sundance Energy Australia Ltd. (NASDAQ:SNDE) have received a consensus recommendation of “Hold” from the six analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $6.08.
A number of brokerages have recently commented on SNDE. Canaccord Genuity lowered Sundance Energy Australia to a “buy” rating in a report on Tuesday, August 1st. ValuEngine lowered Sundance Energy Australia from a “sell” rating to a “strong sell” rating in a report on Tuesday, September 26th. Zacks Investment Research raised Sundance Energy Australia from a “sell” rating to a “hold” rating in a report on Friday, October 27th. Stifel Nicolaus set a $7.00 price target on Sundance Energy Australia and gave the company a “buy” rating in a report on Thursday, October 5th. Finally, Iberia Capital reissued an “outperform” rating and set a $7.00 price target on shares of Sundance Energy Australia in a report on Tuesday, August 29th.
Shares of Sundance Energy Australia (NASDAQ SNDE) traded up $0.11 on Thursday, hitting $4.68. The stock had a trading volume of 14,661 shares, compared to its average volume of 9,554. Sundance Energy Australia has a 52 week low of $3.61 and a 52 week high of $17.99.
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Sundance Energy Australia Company Profile
Sundance Energy Australia Limited engages in the exploration, development, and production of oil and natural gas in the United States. The companys exploration and development activities are focused in the Eagle Ford project in the South-Texas-Gulf Coast Basin; and the Mississippian/Woodford Formations in Oklahoma.
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