Bankers Petroleum Given Average Recommendation of “Buy” by Analysts (TSE:BNK)
Bankers Petroleum (TSE:BNK) has earned a consensus rating of “Buy” from the ten ratings firms that are currently covering the company, American Banking & Market News reports. One analyst has rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$6.91.
BNK has been the subject of a number of recent research reports. Analysts at Dundee Securities raised their price target on shares of Bankers Petroleum from C$7.70 to C$7.90 in a research note on Wednesday, April 9th. They now have a “buy” rating on the stock. Separately, analysts at FirstEnergy Capital raised their price target on shares of Bankers Petroleum from C$7.50 to C$8.50 in a research note on Wednesday, April 9th. Finally, analysts at RBC Capital downgraded shares of Bankers Petroleum from an “outperform” rating to a “sector perform” rating in a research note on Thursday, March 27th. They now have a C$5.50 price target on the stock, up previously from C$5.00.
Shares of Bankers Petroleum (TSE:BNK) opened at 5.48 on Tuesday. Bankers Petroleum has a 52-week low of $2.26 and a 52-week high of $5.75. The stock has a 50-day moving average of $5.27 and a 200-day moving average of $4.46. The company has a market cap of $1.408 billion and a price-to-earnings ratio of 22.31.
Bankers Petroleum Ltd. (TSE:BNK) is engaged in the exploration for and oil in Albania.
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