Seaport Global Securities upgraded shares of Sundance Energy Australia (NASDAQ:SNDE) from a neutral rating to a buy rating in a research report report published on Tuesday morning.

SNDE has been the subject of several other reports. Stifel Nicolaus set a $7.00 price objective on Sundance Energy Australia and gave the stock a buy rating in a research report on Thursday, October 5th. ValuEngine downgraded Sundance Energy Australia from a sell rating to a strong sell rating in a research report on Tuesday, September 26th. Zacks Investment Research upgraded Sundance Energy Australia from a sell rating to a hold rating in a research report on Friday, October 27th. Finally, Iberia Capital restated an outperform rating and set a $7.00 price objective on shares of Sundance Energy Australia in a research report on Tuesday, August 29th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. The company has a consensus rating of Buy and an average price target of $6.08.

Sundance Energy Australia (NASDAQ SNDE) traded up $0.07 during trading hours on Tuesday, hitting $5.01. The stock had a trading volume of 4,300 shares, compared to its average volume of 10,326. Sundance Energy Australia has a 1 year low of $3.61 and a 1 year high of $17.99.

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Sundance Energy Australia Company Profile

Sundance Energy Australia Limited engages in the exploration, development, and production of oil and natural gas in the United States. The company’s exploration and development activities are focused in the Eagle Ford project in the South-Texas-Gulf Coast Basin; and the Mississippian/Woodford Formations in Oklahoma.

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