Synergy Resources Corp. PT Raised to $11.00 at Wunderlich (SYRG)
Investment analysts at Wunderlich raised their price target on shares of Synergy Resources Corp. (NASDAQ:SYRG) from $10.00 to $11.00 in a note issued to investors on Wednesday, AnalystRatings.Net reports. The firm currently has a “buy” rating on the stock. Wunderlich’s price objective would suggest a potential upside of 15.06% from the company’s current price.
A number of other analysts have also recently weighed in on SYRG. Analysts at SunTrust raised their price target on shares of Synergy Resources Corp. (NASDAQ:SYRG) from $11.00 to $12.00 in a research note to investors on Tuesday, September 10th. They now have a “buy” rating on the stock.
Ten investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus target price of $9.43.
Shares of Synergy Resources Corp. (NASDAQ:SYRG) traded down 0.93% during mid-day trading on Wednesday, hitting $9.56. The stock had a trading volume of 711,523 shares. Synergy Resources Corp. has a one year low of $3.27 and a one year high of $10.18. The stock’s 50-day moving average is $8.53 and its 200-day moving average is $7.36. The company has a market cap of $659.2 million and a price-to-earnings ratio of 52.45.
Synergy Resources Corporation is an oil and gas operator in Colorado. The Company is focused on the acquisition, development, exploitation, exploration and production of oil and natural gas properties located in the Wattenberg field in the D-J Basin in northeast Colorado.
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