Shares of Sundance Energy Australia Ltd. (NASDAQ:SNDE) have received a consensus rating of “Hold” from the six analysts that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $6.08.

A number of analysts recently issued reports on the company. Canaccord Genuity downgraded Sundance Energy Australia to a “buy” rating in a research report on Tuesday, August 1st. ValuEngine downgraded Sundance Energy Australia from a “sell” rating to a “strong sell” rating in a research report on Tuesday, September 26th. Zacks Investment Research raised Sundance Energy Australia from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. Stifel Nicolaus set a $7.00 price objective on Sundance Energy Australia and gave the stock a “buy” rating in a research report on Thursday, October 5th. Finally, Iberia Capital reissued an “outperform” rating and set a $7.00 price objective on shares of Sundance Energy Australia in a research report on Tuesday, August 29th.

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Sundance Energy Australia Company Profile

Sundance Energy Australia Limited engages in the exploration, development, and production of oil and natural gas in the United States. The company’s exploration and development activities are focused in the Eagle Ford project in the South-Texas-Gulf Coast Basin; and the Mississippian/Woodford Formations in Oklahoma.

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