Lilis Energy Inc (LLEX) Coverage Initiated by Analysts at Capital One Financial Corporation
Analysts at Capital One Financial Corporation initiated coverage on shares of Lilis Energy Inc (OTC:LLEX) in a report released on Thursday, StockTargetPrices.com reports. The brokerage set an “overweight” rating and a $7.00 price target on the stock. Capital One Financial Corporation’s price objective points to a potential upside of 52.51% from the company’s previous close.
LLEX has been the subject of several other research reports. Northland Securities cut shares of Lilis Energy from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 3rd. SunTrust Banks, Inc. began coverage on shares of Lilis Energy in a research report on Monday, August 14th. They issued a “buy” rating and a $7.00 target price for the company. Stephens began coverage on shares of Lilis Energy in a research report on Friday, September 29th. They issued an “overweight” rating and a $6.00 target price for the company. Finally, Leerink Swann began coverage on shares of Lilis Energy in a research report on Monday, August 28th. They issued an “outperform” rating and a $6.00 target price for the company. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $7.00.
Shares of Lilis Energy (LLEX) traded up 4.372% during trading on Thursday, hitting $4.989. The company’s stock had a trading volume of 268,741 shares. Lilis Energy has a 52 week low of $2.10 and a 52 week high of $5.69. The company’s market cap is $253.53 million. The firm’s 50 day moving average price is $3.97 and its 200-day moving average price is $4.38.
Lilis Energy Company Profile
Lilis Energy, Inc is an upstream independent oil and gas company. The Company is engaged in the acquisition, drilling and production of oil and natural gas properties and prospects. The Company drills for, operates and produces oil and natural gas wells through its land holdings located in Wyoming, Colorado, and Nebraska.
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