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Harvest Natural Resources (NYSE:HNR) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report issued on Friday, Analyst Ratings Network reports. They currently have a $5.10 target price on the stock. Zacks‘ target price suggests a potential upside of 6.25% from the company’s current price.

Harvest Natural Resources (NYSE:HNR) traded down 1.67% on Friday, hitting $4.72. 253,486 shares of the company’s stock traded hands. Harvest Natural Resources has a 52 week low of $2.45 and a 52 week high of $10.04. The stock has a 50-day moving average of $4.29 and a 200-day moving average of $4.51. The company has a market cap of $190.7 million and a price-to-earnings ratio of 18.11.

Harvest Natural Resources (NYSE:HNR) last released its earnings data on Tuesday, November 12th. The company reported $0.05 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.06 by $0.01. The company had revenue of $240.40 million for the quarter. During the same quarter last year, the company posted $0.26 earnings per share. Harvest Natural Resources’s revenue was up 10.8% compared to the same quarter last year. Analysts expect that Harvest Natural Resources will post $1.27 EPS for the current fiscal year.

Separately, analysts at Wunderlich cut their price target on shares of Harvest Natural Resources from $9.00 to $8.00 in a research note to investors on Tuesday, November 26th.

Harvest Natural Resources, Inc is a petroleum exploration and production company engaged in the exploration, development and production of properties in geological basins with proven active hydrocarbon systems.

To view Zacks’ full report, visit www.zacks.com

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