Bonavista Energy (BNP) PT Lowered to C$1.55 at National Bank Financial

Bonavista Energy (TSE:BNP) had its target price reduced by National Bank Financial from C$1.65 to C$1.55 in a research note released on Friday.

BNP has been the subject of several other research reports. Raymond James cut their price target on Bonavista Energy from C$1.50 to C$1.25 in a research note on Friday. CIBC cut their price target on Bonavista Energy from C$1.65 to C$1.55 in a research note on Friday. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. Bonavista Energy currently has a consensus rating of Hold and an average target price of C$2.21.

Shares of Bonavista Energy stock opened at C$1.43 on Friday. Bonavista Energy has a twelve month low of C$1.11 and a twelve month high of C$2.96.

Bonavista Energy (TSE:BNP) last announced its quarterly earnings results on Tuesday, July 31st. The company reported C$0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.03 by C($0.02). Bonavista Energy had a negative net margin of 1.51% and a negative return on equity of 0.40%. The business had revenue of C$121.10 million during the quarter.

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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Analyst Recommendations for Bonavista Energy (TSE:BNP)

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