Global Hunter Securities Reaffirms Accumulate Rating on Berry Petroleum Comp (BRY)
Berry Petroleum Comp (NYSE: BRY)‘s stock had its “accumulate” rating reiterated by equities research analysts at Global Hunter Securities in a research note issued to investors on Friday. They currently have a $57.00 price target on the stock, down from their previous price target of $62.00.
Other equities research analysts have also recently issued reports about the stock. Analysts at SunTrust (NYSE: STI) upgraded shares of Berry Petroleum Comp from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, February 28th. They now have a $65.00 price target on the stock. Analysts at Sterne Agee raised their EPS on shares of Berry Petroleum Comp in a research note to investors on Monday, February 27th. They now have a “buy” rating and a $60.00 price target on the stock.
Shares of Berry Petroleum Comp traded down 1.31% during mid-day trading on Friday, hitting $44.32. Berry Petroleum Comp has a 52 week low of $30.59 and a 52 week high of $61.17. The company’s market cap is $2.391 billion.
The company last announced its quarterly results on Thursday, April 26th. It reported $0.91 earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of $1.01 EPS by $0.10. Analysts expect that Berry Petroleum Comp will post $1.14 EPS next quarter.
Berry Petroleum Company is an independent energy company engaged in the production, development, acquisition, exploitation of and exploration for, crude oil and natural gas.