Birchcliff Energy (TSE:BIR - Get Free Report) had its price target decreased by Canaccord Genuity Group from C$6.50 to C$6.00 in a report issued on Tuesday, BayStreet.CA reports.
Other research analysts also recently issued reports about the company. National Bankshares dropped their target price on Birchcliff Energy from C$6.50 to C$6.00 in a research note on Friday, September 27th. Cormark upgraded shares of Birchcliff Energy to a "strong-buy" rating in a research note on Monday, September 23rd. Scotiabank dropped their price objective on shares of Birchcliff Energy from C$7.50 to C$7.00 and set a "sector perform" rating on the stock in a report on Wednesday, October 16th. BMO Capital Markets upped their price target on shares of Birchcliff Energy from C$6.00 to C$6.50 in a report on Wednesday, July 3rd. Finally, TD Securities reduced their price objective on Birchcliff Energy from C$5.50 to C$5.00 in a research note on Tuesday, October 1st. Eight analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of C$6.48.
Check Out Our Latest Stock Analysis on Birchcliff Energy
Birchcliff Energy Price Performance
The company's fifty day moving average is C$5.74 and its 200-day moving average is C$5.82. Birchcliff Energy has a 12-month low of C$4.61 and a 12-month high of C$8.11. The company has a debt-to-equity ratio of 22.26, a quick ratio of 0.97 and a current ratio of 1.52. The company has a market capitalization of C$1.47 billion, a P/E ratio of 34.25, a P/E/G ratio of 0.35 and a beta of 1.93.
Birchcliff Energy (TSE:BIR - Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The oil and natural gas company reported C$0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C($0.01) by C$0.18. The firm had revenue of C$146.98 million for the quarter. Birchcliff Energy had a net margin of 6.24% and a return on equity of 1.81%. On average, analysts anticipate that Birchcliff Energy will post 0.1118631 EPS for the current year.
Birchcliff Energy Company Profile
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Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, light oil, condensate, and other natural gas liquids in Western Canada. The company holds interests in the areas of Montney/Doig Resource Play, including the Pouce Coupe and Gordondale properties in Alberta.
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