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Shares of Energy XXI (Bermuda) Limited (NASDAQ:EXXI) have received a consensus rating of “Buy” from the seventeen ratings firms that are covering the stock, AR Network reports. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $33.38.

Shares of Energy XXI (NASDAQ:EXXI) traded up 0.23% on Monday, hitting $23.595. 235,402 shares of the company’s stock traded hands. Energy XXI has a 1-year low of $20.40 and a 1-year high of $33.93. The stock has a 50-day moving average of $23.1 and a 200-day moving average of $25.89. The company has a market cap of $1.659 billion and a P/E ratio of 12.83.

Energy XXI (Bermuda) Limited (NASDAQ:EXXI) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by $0.33. The company had revenue of $296.82 million for the quarter, compared to the consensus estimate of $310.44 million. During the same quarter in the previous year, the company posted $0.47 earnings per share. The company’s revenue for the quarter was down 7.4% on a year-over-year basis. On average, analysts predict that Energy XXI will post $1.31 earnings per share for the current fiscal year.

EXXI has been the subject of a number of recent research reports. Analysts at Cowen and Company cut their price target on shares of Energy XXI (Bermuda) Limited from $40.00 to $30.00 in a research note on Friday, March 28th. Separately, analysts at Guggenheim cut their price target on shares of Energy XXI (Bermuda) Limited from $27.00 to $26.00 in a research note on Wednesday, March 19th. Finally, analysts at Stifel Nicolaus initiated coverage on shares of Energy XXI (Bermuda) Limited in a research note on Thursday, March 13th. They set a “hold” rating on the stock.

Energy XXI (NASDAQ:EXXI) Limited (Energy XXI) is an independent oil and natural gas exploration and production company with operations focused in the United States Gulf Coast and the Gulf of Mexico.

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