A number of other research analysts have also issued reports on the stock. Raymond James reduced their target price on shares of Bonavista Energy from C$1.50 to C$1.25 in a research note on Friday, October 5th. TD Securities boosted their target price on shares of Bonavista Energy from C$1.70 to C$1.85 in a research note on Friday, November 2nd. CIBC reduced their target price on shares of Bonavista Energy from C$1.65 to C$1.55 in a research note on Friday, October 5th. GMP Securities lowered shares of Bonavista Energy from a buy rating to a hold rating and reduced their target price for the company from C$2.00 to C$1.40 in a research note on Thursday, December 13th. Finally, BMO Capital Markets reduced their target price on shares of Bonavista Energy from C$1.75 to C$1.60 in a research note on Friday, November 2nd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. Bonavista Energy has an average rating of Hold and a consensus price target of C$1.69.
TSE BNP opened at C$1.26 on Wednesday. Bonavista Energy has a one year low of C$1.01 and a one year high of C$2.05. The company has a current ratio of 0.53, a quick ratio of 0.33 and a debt-to-equity ratio of 51.66.
Bonavista Energy (TSE:BNP) last posted its quarterly earnings results on Thursday, November 1st. The company reported C$0.04 EPS for the quarter. The business had revenue of C$131.18 million during the quarter. As a group, analysts anticipate that Bonavista Energy will post 0.01 EPS for the current fiscal year.
Bonavista Energy Company Profile
Bonavista Energy Corporation acquires, develops, and holds interests in oil and natural gas properties and assets in Western Canada. As of December 31, 2017, its proved reserves totaled 275.0 million barrels of oil equivalent; and proved plus probable reserves were 437.7 million barrels of oil equivalent.
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