Shares of Sanchez Energy Corp (NYSE:SN) have earned a consensus rating of “Hold” from the twelve brokerages that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating and eleven have assigned a hold rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $2.34.

A number of research firms have weighed in on SN. SunTrust Banks set a $2.00 price objective on shares of Sanchez Energy and gave the company a “hold” rating in a research report on Tuesday, October 23rd. Royal Bank of Canada reissued a “hold” rating and issued a $2.50 price objective on shares of Sanchez Energy in a research report on Tuesday, November 6th. Zacks Investment Research cut shares of Sanchez Energy from a “hold” rating to a “strong sell” rating in a research report on Saturday, December 1st. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $0.90 price objective on shares of Sanchez Energy in a research report on Monday, November 26th.

Hedge funds have recently modified their holdings of the company. SG Americas Securities LLC bought a new position in shares of Sanchez Energy during the fourth quarter worth about $25,000. Cambridge Investment Research Advisors Inc. lifted its position in shares of Sanchez Energy by 1,725.9% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 358,277 shares of the energy producer’s stock worth $97,000 after purchasing an additional 338,655 shares during the last quarter. Benefit Street Partners LLC bought a new position in shares of Sanchez Energy during the fourth quarter worth about $148,000. Thrivent Financial for Lutherans bought a new position in shares of Sanchez Energy during the third quarter worth about $193,000. Finally, Stonebridge Capital Management Inc. lifted its position in shares of Sanchez Energy by 67.3% during the third quarter. Stonebridge Capital Management Inc. now owns 122,416 shares of the energy producer’s stock worth $282,000 after purchasing an additional 49,231 shares during the last quarter. 39.88% of the stock is currently owned by institutional investors and hedge funds.

NYSE:SN opened at $0.38 on Thursday. The stock has a market capitalization of $33.26 million, a price-to-earnings ratio of -1.19 and a beta of 2.46. Sanchez Energy has a 1-year low of $0.22 and a 1-year high of $5.13.

Sanchez Energy Company Profile

Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition and development of U.S. onshore unconventional oil and natural gas resources. It engages in the horizontal development of resources from the Eagle Ford Shale in South Texas. It also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

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Analyst Recommendations for Sanchez Energy (NYSE:SN)

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