Lonestar Resources US (NASDAQ:LONE) has been given a $7.00 target price by investment analysts at Northland Securities in a note issued to investors on Monday. The firm currently has a “buy” rating on the energy company’s stock. Northland Securities’ target price points to a potential upside of 105.28% from the stock’s current price.

Several other equities analysts also recently weighed in on the stock. Zacks Investment Research downgraded shares of Lonestar Resources US from a “buy” rating to a “hold” rating in a research note on Saturday, October 28th. Cowen reissued a “buy” rating and issued a $7.00 price target on shares of Lonestar Resources US in a research note on Thursday, September 28th. Finally, Roth Capital set a $9.00 price objective on shares of Lonestar Resources US and gave the stock a “buy” rating in a research report on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. Lonestar Resources US presently has a consensus rating of “Buy” and a consensus price target of $7.93.

Lonestar Resources US (LONE) traded down $0.04 during trading hours on Monday, hitting $3.41. 18,500 shares of the stock traded hands, compared to its average volume of 70,303. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 1.88. Lonestar Resources US has a 12-month low of $2.43 and a 12-month high of $8.81.

Institutional investors have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP acquired a new stake in shares of Lonestar Resources US during the second quarter valued at about $242,000. Phoenix Investment Adviser LLC increased its position in shares of Lonestar Resources US by 85.8% during the second quarter. Phoenix Investment Adviser LLC now owns 186,700 shares of the energy company’s stock valued at $803,000 after acquiring an additional 86,204 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in shares of Lonestar Resources US by 29.2% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 333,993 shares of the energy company’s stock valued at $1,172,000 after acquiring an additional 75,400 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Lonestar Resources US by 1.6% during the second quarter. Vanguard Group Inc. now owns 348,999 shares of the energy company’s stock valued at $1,500,000 after acquiring an additional 5,372 shares during the last quarter. Finally, B. Riley Financial Inc. acquired a new stake in shares of Lonestar Resources US during the second quarter valued at about $2,744,000. Hedge funds and other institutional investors own 47.74% of the company’s stock.

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About Lonestar Resources US

Lonestar Resources Limited is an Australia-based oil and gas exploration and production company. The Company is involved in the exploration, production and acquisition of unconventional oil and gas reserves. It holds interests in approximately 38,191 net acres in the Eagle Ford Shale, Bakken and Three Forks plays.

Analyst Recommendations for Lonestar Resources US (NASDAQ:LONE)

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