Bellatrix Exploration Ltd (TSE:BXE) (NYSE:BXE) is set to announce its earnings results before the market opens on Thursday, November 9th. Analysts expect the company to announce earnings of C($0.24) per share for the quarter.

A number of research firms have recently weighed in on BXE. Raymond James Financial, Inc. cut their price target on Bellatrix Exploration from C$4.00 to C$3.75 in a research note on Tuesday, October 24th. Canaccord Genuity downgraded Bellatrix Exploration from a “speculative buy” rating to a “hold” rating in a research note on Tuesday, July 11th. Six investment analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus target price of C$1.80.

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About Bellatrix Exploration

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.

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