Bonterra Energy’s (BNEFF) Hold Rating Reaffirmed at Raymond James
Raymond James restated their hold rating on shares of Bonterra Energy (OTCMKTS:BNEFF) in a report released on Friday morning, AnalystRatings.com reports. They currently have a $4.00 price objective on the stock.
Separately, ValuEngine upgraded shares of Bonterra Energy from a sell rating to a hold rating in a research note on Wednesday, October 2nd.
Shares of Bonterra Energy stock opened at $2.32 on Friday. Bonterra Energy has a twelve month low of $2.32 and a twelve month high of $8.40. The company has a current ratio of 0.52, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. The company has a 50-day simple moving average of $2.91 and a two-hundred day simple moving average of $3.71.
About Bonterra Energy
Bonterra Energy Corp., an upstream oil and gas company, engages in the production and sale of crude oil, natural gas, and natural gas liquids. It primarily focuses on the development of its Cardium zone within the Pembina and Willesden Green areas located in west central Alberta. The company also holds interests in the Shaunavon area located in southwest Saskatchewan, and the Prespatou area located in northeast British Columbia.
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