BMO Capital Markets set a $6.00 price target on Bill Barrett Corporation (NYSE:BBG) in a research report report published on Tuesday. The firm currently has a hold rating on the energy company’s stock.

Other equities research analysts have also recently issued research reports about the company. Stifel Nicolaus set a $7.00 price objective on Bill Barrett Corporation and gave the stock a buy rating in a report on Thursday, October 5th. Zacks Investment Research upgraded Bill Barrett Corporation from a hold rating to a buy rating and set a $5.00 price objective for the company in a report on Tuesday, October 3rd. KLR Group reiterated a buy rating and issued a $8.00 price objective (up previously from $7.00) on shares of Bill Barrett Corporation in a report on Thursday, August 3rd. Scotiabank reiterated a buy rating and issued a $10.00 price objective on shares of Bill Barrett Corporation in a report on Wednesday, November 1st. Finally, KeyCorp reiterated a hold rating on shares of Bill Barrett Corporation in a report on Monday, October 16th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of $6.42.

Shares of Bill Barrett Corporation (BBG) traded down $0.03 during mid-day trading on Tuesday, reaching $5.85. The company had a trading volume of 2,272,500 shares, compared to its average volume of 1,846,078. Bill Barrett Corporation has a 52 week low of $2.66 and a 52 week high of $8.24. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.78 and a quick ratio of 2.78.

Bill Barrett Corporation (NYSE:BBG) last issued its earnings results on Tuesday, October 31st. The energy company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.12. Bill Barrett Corporation had a negative return on equity of 7.59% and a negative net margin of 49.61%. The company had revenue of $67.87 million during the quarter, compared to analysts’ expectations of $61.23 million. During the same period in the prior year, the business posted ($0.10) EPS. Bill Barrett Corporation’s quarterly revenue was up 34.4% compared to the same quarter last year. equities research analysts expect that Bill Barrett Corporation will post -0.52 EPS for the current fiscal year.

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In related news, CEO R Scot Woodall sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of $4.19, for a total transaction of $41,900.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders have sold 30,000 shares of company stock valued at $136,500. 2.70% of the stock is owned by corporate insiders.

Institutional investors have recently bought and sold shares of the business. Credit Suisse AG increased its holdings in shares of Bill Barrett Corporation by 32.0% in the 1st quarter. Credit Suisse AG now owns 125,073 shares of the energy company’s stock worth $569,000 after purchasing an additional 30,293 shares in the last quarter. GRT Capital Partners L.L.C. increased its holdings in shares of Bill Barrett Corporation by 17.2% in the 2nd quarter. GRT Capital Partners L.L.C. now owns 625,093 shares of the energy company’s stock worth $1,919,000 after purchasing an additional 91,859 shares in the last quarter. TIAA CREF Investment Management LLC increased its holdings in shares of Bill Barrett Corporation by 128.3% in the 1st quarter. TIAA CREF Investment Management LLC now owns 1,064,618 shares of the energy company’s stock worth $4,844,000 after purchasing an additional 598,376 shares in the last quarter. Texas Permanent School Fund increased its holdings in shares of Bill Barrett Corporation by 1.6% in the 2nd quarter. Texas Permanent School Fund now owns 55,704 shares of the energy company’s stock worth $171,000 after purchasing an additional 882 shares in the last quarter. Finally, Royce & Associates LP increased its holdings in shares of Bill Barrett Corporation by 2.8% in the 2nd quarter. Royce & Associates LP now owns 1,239,035 shares of the energy company’s stock worth $3,804,000 after purchasing an additional 33,500 shares in the last quarter. 86.90% of the stock is owned by institutional investors and hedge funds.

Bill Barrett Corporation Company Profile

Bill Barrett Corporation is an independent energy company that develops, acquires and explores for oil and natural gas resources. The Company’s assets and operations are located in the Rocky Mountain region of the United States. It has over two areas of production: The Denver-Julesburg Basin (DJ Basin) and the Uinta Oil Program in the Uinta Basin.

Analyst Recommendations for Bill Barrett Corporation (NYSE:BBG)

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