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Birchcliff Energy (BIR) Stock Forecast & Price Target

Birchcliff Energy logo
C$5.42 -0.10 (-1.81%)
(As of 11/22/2024 ET)

Birchcliff Energy - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
8
Buy
2

Based on 10 Wall Street analysts who have issued ratings for Birchcliff Energy in the last 12 months, the stock has a consensus rating of "Hold." Out of the 10 analysts, 8 have given a hold rating, 1 has given a buy rating, and 1 has given a strong buy rating for BIR.

Consensus Price Target

C$6.45
19.00% Upside
According to the 10 analysts' twelve-month price targets for Birchcliff Energy, the average price target is C$6.45. The highest price target for BIR is C$9.00, while the lowest price target for BIR is C$5.00. The average price target represents a forecasted upside of 19.00% from the current price of C$5.42.
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BIR Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$6.45C$6.48C$6.68C$10.19
Forecasted Upside19.00% Upside21.03% Upside9.79% Upside49.38% Upside
Consensus Rating
Hold
Hold
Hold
Hold

BIR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BIR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Birchcliff Energy Stock vs. The Competition

TypeBirchcliff EnergyEnergy Companies
Consensus Rating Score
2.30
2.82
Consensus RatingHoldModerate Buy
News Sentiment Rating
Neutral News

See Recent BIR News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/15/2024Canaccord Genuity Group
4 of 5 stars
 Lower TargetC$6.00 ➝ C$5.75+16.40%
10/16/2024Scotiabank
5 of 5 stars
 Lower TargetSector PerformC$7.50 ➝ C$7.00+29.15%
10/1/2024TD Securities
4 of 5 stars
 Lower TargetC$5.50 ➝ C$5.00-13.34%
9/27/2024National Bankshares
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 Lower TargetC$6.50 ➝ C$6.00+8.70%
9/23/2024Cormark
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B. Watson
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UpgradeStrong-Buy
7/3/2024BMO Capital Markets
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 Boost TargetC$6.00 ➝ C$6.50+3.50%
3/14/2024CIBC
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 Boost TargetC$5.00 ➝ C$5.75+8.29%
2/15/2024ATB Capital
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 Lower TargetC$8.00 ➝ C$7.50+44.51%
1/19/2024Raymond James
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 DowngradeOutperform ➝ Market PerformC$11.50 ➝ C$9.00+85.19%
1/18/2024Royal Bank of Canada
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 Lower TargetOutperformC$8.00 ➝ C$7.00+34.62%
1/18/2024Stifel Nicolaus
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 Lower TargetHoldC$6.50 ➝ C$5.00-3.85%
3/17/2023Haywood Securities
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 Lower TargetC$14.00 ➝ C$13.00+66.24%
3/16/2023Stifel Firstegy
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M. Dunn
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DowngradeBuy ➝ Hold
3/16/2023Eight Capital
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 Lower TargetC$15.00 ➝ C$12.00+51.32%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:56 AM ET.


BIR Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Birchcliff Energy is C$6.45, with a high forecast of C$9.00 and a low forecast of C$5.00.

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Birchcliff Energy in the last twelve months. There are currently 8 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BIR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BIR, but not buy additional shares or sell existing shares.

According to analysts, Birchcliff Energy's stock has a predicted upside of 19.00% based on their 12-month stock forecasts.

Over the previous 90 days, Birchcliff Energy's stock had 1 upgrade by analysts.

Birchcliff Energy has been rated by research analysts at Canaccord Genuity Group, Cormark, National Bankshares, Scotiabank, and TD Securities in the past 90 days.

Analysts like Birchcliff Energy less than other "energy" companies. The consensus rating for Birchcliff Energy is Hold while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how BIR compares to other companies.


This page (TSE:BIR) was last updated on 11/23/2024 by MarketBeat.com Staff
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