SUNDANCE ENERGY/S (NASDAQ:SNDE) Receives $7.00 Consensus Target Price from Analysts
Shares of SUNDANCE ENERGY/S (NASDAQ:SNDE) have received a consensus rating of “Buy” from the eight analysts that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $7.00.
SNDE has been the topic of several research reports. ValuEngine upgraded SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a report on Thursday, August 1st. SunTrust Banks cut SUNDANCE ENERGY/S to a “hold” rating in a report on Monday, July 8th. Seaport Global Securities reissued a “buy” rating on shares of SUNDANCE ENERGY/S in a research report on Friday, June 21st. Finally, Northland Securities set a $5.00 price target on SUNDANCE ENERGY/S and gave the stock a “buy” rating in a research report on Friday, August 16th.
NASDAQ:SNDE traded down $0.37 during midday trading on Friday, hitting $1.35. The stock had a trading volume of 666 shares, compared to its average volume of 29,096. SUNDANCE ENERGY/S has a one year low of $1.08 and a one year high of $6.75. The stock has a 50-day moving average of $1.31 and a 200 day moving average of $2.23.
Sundance Energy Australia Limited operates as an onshore oil and gas company in the United States. The company explores for, develops, and produces oil and natural gas. Its exploration and development activities are focused on the Eagle Ford project in the South-Texas-Gulf Coast Basin. Sundance Energy Australia Limited was incorporated in 2004 and is based in Wayville, Australia.
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