Endeavour International Corp. (NYSE:END) had its price target reduced by Canaccord Genuity from $6.50 to $5.00 in a research report sent to investors on Wednesday morning, American Banking & Market News reports. The firm currently has a hold rating on the stock.
Canaccord Genuity has also taken action a number of other energy stocks recently. The firm lowered its price target on shares of Approach Resources Inc. from $34.00 to $30.00. They have a buy rating on that stock. Also, Canaccord Genuity lowered its price target on shares of Rosetta Resources Inc. from $63.00 to $60.00. They have a buy rating on that stock. Finally, Canaccord Genuity lowered its price target on shares of Gulfport Energy Corp. from $86.00 to $83.00. They have a buy rating on that stock.
Endeavour International Corp. (NYSE:END) traded down 5.88% on Wednesday, hitting $4.32. The stock had a trading volume of 104,390 shares. Endeavour International Corp. has a one year low of $2.36 and a one year high of $7.47. The stock has a 50-day moving average of $5.96 and a 200-day moving average of $4.63. The company’s market cap is $203.4 million.
Endeavour International Corp. (NYSE:END) last announced its earnings results on Wednesday, November 6th. The company reported ($0.86) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.27) by $0.59. The company had revenue of $36.90 million for the quarter, compared to the consensus estimate of $70.32 million. During the same quarter last year, the company posted ($0.73) earnings per share. Endeavour International Corp.’s revenue was down 55.7% compared to the same quarter last year. On average, analysts predict that Endeavour International Corp. will post $-1.16 earnings per share for the current fiscal year.
Endeavour International Corporation (NYSE:END) is an independent oil and gas company engaged in the production, exploration, development and acquisition of crude oil and natural gas in the United Kingdom North Sea and the United States onshore.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.