Enerplus Corp (TSE:ERF) (NYSE:ERF) had its price target boosted by Barclays PLC from C$15.00 to C$16.00 in a research report report published on Monday.

A number of other research firms also recently weighed in on ERF. National Bank Financial boosted their target price on Enerplus Corp from C$14.00 to C$15.00 and gave the stock an outperform rating in a research report on Friday. TD Securities boosted their target price on Enerplus Corp from C$15.00 to C$15.50 and gave the stock a buy rating in a research report on Friday. Raymond James Financial, Inc. boosted their target price on Enerplus Corp from C$15.00 to C$15.50 and gave the stock an outperform rating in a research report on Friday. Finally, BMO Capital Markets restated an outperform rating and issued a C$16.00 target price on shares of Enerplus Corp in a research report on Friday. Ten analysts have rated the stock with a buy rating, Enerplus Corp currently has an average rating of Buy and a consensus price target of C$15.77.

Enerplus Corp (ERF) traded down C$0.56 during trading hours on Monday, reaching C$11.78. The company had a trading volume of 1,137,828 shares, compared to its average volume of 1,136,292. Enerplus Corp has a one year low of C$8.50 and a one year high of C$13.55.

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The firm also recently announced a nov 17 dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Monday, October 30th will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Friday, October 27th. This represents a dividend yield of 1.12%. Enerplus Corp’s dividend payout ratio (DPR) is presently 2.91%.

In other news, Director Glen Dawson Roane sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of C$12.19, for a total transaction of C$243,800.00.

About Enerplus Corp

Enerplus Corporation is an oil and natural gas company. The Company’s oil and natural gas property interests are located in the United States, primarily in North Dakota, Montana, and Pennsylvania, as well as in western Canada in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s oil and natural gas property interests contains proved plus probable gross reserves of approximately 14.3 million barrels (MMbbls) of light and medium crude oil, 39.0 MMbbls of heavy crude oil, 123 MMbbls of tight oil, 18.1 MMbbls of natural gas liquids (NGLs), 126.3 billion cubic feet (Bcf) of conventional natural gas and 1,002.8 Bcf of shale gas, for a total of approximately 382.5 million barrels of oil equivalent (MMBOE).

Analyst Recommendations for Enerplus Corp (TSE:ERF)

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