Bill Barrett Corp. Upgraded by KLR Group to “Hold” (BBG)
Bill Barrett Corp. (NYSE:BBG) was upgraded by KLR Group to a “hold” rating in a report released on Thursday, ARN reports.
A number of other firms have also recently commented on BBG. Analysts at Global Hunter Securities downgraded shares of Bill Barrett Corp. from an “accumulate” rating to a “neutral” rating in a research note to investors on Wednesday. They now have a $30.00 price target on the stock, down previously from $35.00. They noted that the move was a valuation call. Separately, analysts at Barclays downgraded shares of Bill Barrett Corp. from an “overweight” rating to an “equal weight” rating in a research note to investors on Monday. They now have a $28.00 price target on the stock, up previously from $26.00. Finally, analysts at Howard Weil upgraded shares of Bill Barrett Corp. from a “sector perform” rating to an “outperform” rating in a research note to investors on Wednesday, January 8th. They now have a $34.00 price target on the stock. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $31.08.
Bill Barrett Corporation explores for and develops oil and natural gas in the Rocky Mountain region of the United States.
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