Bankers Petroleum Receives Consensus Rating of “Buy” from Brokerages (TSE:BNK)
Bankers Petroleum (TSE:BNK) has received a consensus rating of “Buy” from the thirteen brokerages that are presently covering the stock, Stock Ratings News reports. Three analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$12.24.
A number of analysts have recently weighed in on BNK shares. Analysts at RBC Capital raised their price target on shares of Bankers Petroleum from C$5.50 to C$7.00 in a research note on Tuesday, July 8th. Finally, analysts at CSFB raised their price target on shares of Bankers Petroleum from C$8.00 to C$8.25 in a research note on Friday, June 27th. They now have a “neutral” rating on the stock.
Shares of Bankers Petroleum (TSE:BNK) opened at 6.84 on Wednesday. Bankers Petroleum has a 52-week low of $2.86 and a 52-week high of $7.45. The stock’s 50-day moving average is $6.90 and its 200-day moving average is $5.56. The company has a market cap of $1.765 billion and a P/E ratio of 23.59.
Bankers Petroleum (TSE:BNK) last issued its quarterly earnings data on Friday, May 9th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.02. On average, analysts predict that Bankers Petroleum will post $0.47 earnings per share for the current fiscal year.
Bankers Petroleum Ltd. (TSE:BNK) is engaged in the exploration for and oil in Albania.