SUNDANCE ENERGY/S (SNDE) Receives $9.00 Consensus PT from Brokerages
SUNDANCE ENERGY/S (NASDAQ:SNDE) has been given an average rating of “Buy” by the six analysts that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $9.00.
A number of research firms recently commented on SNDE. Stifel Nicolaus set a $10.00 price objective on SUNDANCE ENERGY/S and gave the company a “buy” rating in a research report on Tuesday, October 9th. Seaport Global Securities reiterated a “buy” rating on shares of SUNDANCE ENERGY/S in a research report on Monday, August 13th. Finally, Zacks Investment Research upgraded SUNDANCE ENERGY/S from a “sell” rating to a “hold” rating in a research report on Wednesday, August 22nd.
SUNDANCE ENERGY/S stock traded down $0.43 during mid-day trading on Thursday, reaching $6.01. 8,100 shares of the stock traded hands, compared to its average volume of 12,322. SUNDANCE ENERGY/S has a 12-month low of $3.83 and a 12-month high of $9.59.
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 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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