Raymond James Lowers Berry Petroleum Comp to Market Perform (BRY)

By admin | 6 years ago

Berry Petroleum Comp (NYSE: BRY) was downgraded by analysts at Raymond James (NYSE: RJF) from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Thursday.

Other equities research analysts have also recently issued reports about the stock. Analysts at Global Hunter Securities reiterated an “accumulate” rating on shares of Berry Petroleum Comp in a research note to investors on Friday, April 27th. They now have a $57.00 price target on the stock, down previously from $62.00. Separately, 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. Finally, 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.

Berry Petroleum Comp traded up 0.49% on Thursday, hitting $36.85. Berry Petroleum Comp has a 1-year low of $30.59 and a 1-year high of $61.17. The company’s market cap is $1.995 billion.

Berry Petroleum Comp last issued its earnings data on Thursday, April 26th. The company reported $0.91 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.01 by $0.10. On average, analysts predict that Berry Petroleum Comp will post $1.12 earnings per share 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.

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