Synergy Resources Corp. Hits New 52-Week High at $11.40 (SYRG)
Synergy Resources Corp. (NASDAQ:SYRG)’s share price reached a new 52-week high on Monday, Stock Ratings News reports. The company traded as high as $11.40 and last traded at $11.05, with a volume of 879,551 shares traded. The stock had previously closed at $10.72.
A number of research firms have recently commented on SYRG. Analysts at Wunderlich raised their price target on shares of Synergy Resources Corp. from $11.00 to $14.00 in a research note to investors on Monday. They now have a “buy” rating on the stock. Separately, analysts at SunTrust raised their price target on shares of Synergy Resources Corp. from $12.00 to $14.00 in a research note to investors on Wednesday, October 2nd. They now have a “buy” rating on the stock. Finally, analysts at Canaccord Genuity initiated coverage on shares of Synergy Resources Corp. in a research note to investors on Friday, September 27th. They set a “buy” rating and a $12.00 price target on the stock. Nine equities research analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and a consensus price target of $10.57.
Synergy Resources Corp. has a one year low of $3.27 and a one year high of $11.30. The stock’s 50-day moving average is $9.98 and its 200-day moving average is $7.86. The company has a market cap of $760.5 million and a price-to-earnings ratio of 58.26.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.