Lilis Energy Inc (LLEX) Earns Overweight Rating from Analysts at Capital One Financial Corporation
Investment analysts at Capital One Financial Corporation began coverage on shares of Lilis Energy Inc (OTC:LLEX) in a research note issued on Thursday. The brokerage set an “overweight” rating and a $7.00 price target on the stock. Capital One Financial Corporation’s price objective points to a potential upside of 52.51% from the company’s previous close.
Several other analysts have also recently weighed in on LLEX. Stephens assumed coverage on Lilis Energy in a research report on Friday, September 29th. They set an “overweight” rating and a $6.00 price objective on the stock. SunTrust Banks, Inc. began coverage on Lilis Energy in a research report on Monday, August 14th. They issued a “buy” rating and a $7.00 price target on the stock. Northland Securities cut Lilis Energy from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 3rd. Finally, Leerink Swann began coverage on Lilis Energy in a research report on Monday, August 28th. They issued an “outperform” rating and a $6.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $7.00.
Shares of Lilis Energy (OTC LLEX) traded up 3.97% during mid-day trading on Thursday, hitting $4.97. The stock had a trading volume of 268,144 shares. Lilis Energy has a 52-week low of $2.10 and a 52-week high of $5.69. The firm’s market cap is $252.57 million. The stock’s 50-day moving average price is $3.97 and its 200-day moving average price is $4.38.
Lilis Energy Company Profile
Lilis Energy, Inc is an upstream independent oil and gas company. The Company is engaged in the acquisition, drilling and production of oil and natural gas properties and prospects. The Company drills for, operates and produces oil and natural gas wells through its land holdings located in Wyoming, Colorado, and Nebraska.
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