Wall Street analyst has provided a rating update for the Materials sector company today, while remaining neutral on the stock. Analyst Anthony Petrucci from Canaccord Genuity remains neutral on Bellatrix Exploration (TSX: BXE) and has a C$3.50 price target.
Bellatrix Exploration has an analyst consensus of Hold, with a price target consensus of C$2.25.
Bellatrix Exploration’s market cap is currently C$153.4M and has a P/E ratio of 0.
Bellatrix Exploration Ltd. engages in the exploration for, and the acquisition, development and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan. The company was founded on November 1, 2009 and is headquartered in Calgary, Canada.
The company’s shares closed on Wednesday at C$3.11, close to its 52-week high of C$6.95.