Bellatrix Exploration Ltd (TSE:BXE)‘s stock had its “hold” rating reiterated by equities research analysts at TD Securities in a research note issued to investors on Tuesday. They presently have a C$1.50 price target on the stock. TD Securities’ price target suggests a potential upside of 36.36% from the company’s previous close.

A number of other equities research analysts have also recently weighed in on the stock. Scotiabank restated a “sector perform” rating and set a C$1.50 price objective on shares of Bellatrix Exploration in a research note on Thursday, September 15th. Dundee Securities cut their price objective on shares of Bellatrix Exploration from C$3.00 to C$2.85 and set a “buy” rating on the stock in a research note on Thursday, June 16th. CIBC cut their price objective on shares of Bellatrix Exploration from C$2.00 to C$1.65 in a research note on Wednesday, August 10th. AltaCorp Capital cut their price objective on shares of Bellatrix Exploration from C$2.00 to C$1.60 and set an “overweight” rating on the stock in a research note on Thursday, August 11th. Finally, CSFB lifted their price objective on shares of Bellatrix Exploration from C$1.00 to C$1.25 and gave the company a “neutral” rating in a research note on Tuesday. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. Bellatrix Exploration has an average rating of “Hold” and an average price target of C$1.82.

Analyst Recommendations for Bellatrix Exploration (TSE:BXE)

Bellatrix Exploration (TSE:BXE) traded up 8.18% during midday trading on Tuesday, hitting $1.19. 2,791,550 shares of the company’s stock traded hands. Bellatrix Exploration has a 52 week low of $0.97 and a 52 week high of $2.92. The company has a 50 day moving average of $1.06 and a 200-day moving average of $1.29. The company’s market capitalization is $282.64 million.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/20/bellatrix-exploration-ltd-bxe-rating-reiterated-by-td-securities.html

Bellatrix Exploration Company Profile

Bellatrix Exploration Ltd. is an oil and gas exploration company engaged in the exploration for, and the acquisition, development and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s properties include Ferrier, Willesden Green, Greater Pembina, Strachan and Harmattan.

Receive News & Ratings for Bellatrix Exploration Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bellatrix Exploration Ltd and related companies with MarketBeat.com's FREE daily email newsletter.