Share on StockTwits

Shares of LRR Energy (NYSE:LRE) have received a consensus recommendation of “Hold” from the seven analysts that are presently covering the company, Analyst Ratings Network reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $18.66.

Shares of LRR Energy (NYSE:LRE) opened at 17.71 on Thursday. LRR Energy has a one year low of $14.67 and a one year high of $20.11. The stock has a 50-day moving average of $18.21 and a 200-day moving average of $17.52. The company’s market cap is $486.1 million.

LRR Energy (NYSE:LRE) last released its earnings data on Thursday, July 31st. The company reported ($0.27) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.30 by $0.57. The company had revenue of $30.68 million for the quarter, compared to the consensus estimate of $32.96 million. During the same quarter last year, the company posted $0.78 earnings per share. LRR Energy’s revenue was down 57.9% compared to the same quarter last year. Analysts expect that LRR Energy will post $0.57 EPS for the current fiscal year.

LRE has been the subject of a number of recent research reports. Analysts at Wells Fargo & Co. downgraded shares of LRR Energy from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 5th. Separately, analysts at Zacks downgraded shares of LRR Energy from an “outperform” rating to a “neutral” rating in a research note on Friday, August 1st. They now have a $21.30 price target on the stock. Finally, analysts at TheStreet downgraded shares of LRR Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, May 20th.

LRR Energy, L.P (NYSE:LRE) is a limited partnership formed by affiliates of Lime Rock Resources to operate, acquire, exploit and develop producing oil and natural gas properties in North America.

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.