Share on StockTwits

American Eagle Energy Corp (NASDAQ:AMZG) has received an average rating of “Buy” from the eleven analysts that are covering the company, AmericanBankingNews.com reports. Six analysts have rated the stock with a buy rating, The average 12-month price target among brokers that have issued a report on the stock in the last year is $10.90.

A number of analysts have recently weighed in on AMZG shares. Analysts at Northland Securities cut their price target on shares of American Eagle Energy Corp from $12.00 to $9.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. Separately, analysts at GMP Securities initiated coverage on shares of American Eagle Energy Corp in a research note on Tuesday, June 24th. They set a “buy” rating and a $10.00 price target on the stock. Finally, 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.

American Eagle Energy Corp (NASDAQ:AMZG) opened at 5.65 on Tuesday. American Eagle Energy Corp has a 52-week low of $5.25 and a 52-week high of $12.00. The stock has a 50-day moving average of $6.12 and a 200-day moving average of $6.7. The company’s market cap is $172.0 million.

American Eagle Energy Corp (NASDAQ:AMZG) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.03. The company had revenue of $16.46 million for the quarter, compared to the consensus estimate of $15.97 million. On average, analysts predict that American Eagle Energy Corp will post $0.22 earnings per share for the current fiscal year.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.