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Shares of American Eagle Energy Corp (NASDAQ:AMZG) have been given an average rating of “Buy” by the eleven analysts that are presently covering the stock, Analyst Ratings.Net reports. Six analysts have rated the stock with a buy rating, The average 1-year price target among analysts that have covered the stock in the last year is $11.20.

American Eagle Energy Corp (NASDAQ:AMZG) traded down 0.50% during mid-day trading on Tuesday, hitting $6.02. 80,356 shares of the company’s stock traded hands. American Eagle Energy Corp has a 52-week low of $5.44 and a 52-week high of $12.00. The stock’s 50-day moving average is $6.25 and its 200-day moving average is $7.21. The company has a market cap of $183.1 million and a price-to-earnings ratio of 864.29.

American Eagle Energy Corp (NASDAQ:AMZG) last released its earnings data on Tuesday, May 13th. The company reported $0.04 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.04. Analysts expect that American Eagle Energy Corp will post $0.22 EPS for the current fiscal year.

A number of analysts have recently weighed in on AMZG shares. Analysts at GMP Securities initiated coverage on shares of American Eagle Energy Corp in a research note on Tuesday. They set a “buy” rating and a $10.00 price target on the stock. Separately, analysts at Jefferies Group cut their price target on shares of American Eagle Energy Corp from $19.00 to $17.00 in a research note on Thursday, May 22nd. Finally, analysts at Brean Capital cut their price target on shares of American Eagle Energy Corp from $20.00 to $14.00 in a research note on Thursday, May 22nd.

American Eagle Energy Corporation is engaged in the exploration for petroleum and natural gas in the States of Nevada, Utah, Texas, Colorado, and North Dakota, the North Sea, and southeastern Saskatchewan, Canada, through the acquisition of contractual rights for oil and gas property leases and the participation in the drilling of exploratory wells.

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